I have heard that land/house flippers some time look for cash investors as these are generally all-cash deals.

I landed the deal for $100,000 under asking.

Addressing zoning and land development issues early is crucial to avoid delays.

Addressing zoning and land development issues early is crucial to avoid delays.

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

Ground lease own just the land so no tax depreciation usually so not tax advantaged like absolute NNN.

I’ve been exploring various strategies to land a solid rental property, and I’m particularly interested in trying mortgage assumption for this one.I’m currently looking at a property listed at $350K.

Heather,First off congrats on the land investment and looks like your almost ready to start the pre-construction process.

So, for my proforma, how much does a developer or  assisted living company pay for entitled land in this type of space?

Land flipping and new construction can be a fantastic choice, especially if you’re taking your time to learn the ropes.