All Forum Posts by: Viante Fruit

Disregard that last question, with my $10,000 I could develop a strong pro-forma to showcase to private investors or real estate trusts. Potentially? I really don't see a huge hindrance, if the numbers look good.

Could I start with $10,000?

I've contracted with an architect to design the prefabricated/modular high rise, and will have it overlooked by a team of civil engineers. My next steps would be to submit the proposals to city officials/zoning. I've ran the numbers at a potential (12 - 18% Cap Rate). Due to my age and lack of a 30% down payment, bank loans are a no. Along with my financing question, could someone give me the simplified steps of the development process for a multi-unit building all the way from conceptual design to groundbreaking? Thank you, Viante Fruit