All Forum Posts by: Joseph Feldman

@Ryan Herting Thanks for the helpful advice. I went down the family and friends route and got a family member that committed to Lend me the cash to buy the land. Now I need to find a lender for the construction. 

@Paul Sofia The previous owners pulled the permits but decided not to continue with the development and instead sell the lot as-is. 

Hi BP community, 

I am a newbie real estate investor and was wondering if anyone has heard of Hard money lenders in Florida who would do a 0% loan on plot of land that has building permits ready for three townhomes? 

I have done my due diligence on the deal and have even run the deal by a few real estate analysts to make sure the numbers and Comps are correct, but couldn't find any reliable 0% down hard money lenders for new builds. 

Any help or direction would be great!!

Thanks 

Agreed! But I don't have the bandwidth to manage and worry about these properties. 

Do you think its a good idea to enter into a rent to own contract in order to divert some of the responsibilities to the renter? 

Hello BP Members, 

Lately I have been thinking that the whole residential real estate game is too time consuming and is super tiring. 

Would it be a good idea to enter into rent to own contracts on my SFH?

There is a management company which is willing to manage the property as well as find me a rent own renter. 

Would love to hear your thoughts.

Thank you 

Joseph