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All Forum Posts by: Darnell Holland

Darnell Holland has started 1 posts and replied 2 times.

Post: Tear down rebuild numbers

Darnell HollandPosted
  • Posts 2
  • Votes 0

@Allan Smith

I would love to connect I have a few more questions also to discuss if you can build the project out. 

Post: Tear down rebuild numbers

Darnell HollandPosted
  • Posts 2
  • Votes 0

Hello, I am looking to do my first tear-down and rebuild development deal in Nashville.  Experienced developers, could you tell me how the process/financing works? How do you finance the tear down do you add it to construction? What would standard down the payment be? Please see the rough numbers below :

Tear down house price 350k,

Construction cost 165 sqft * 2 build=627k