Right now you first need to identify which market you even want to invest in and from there start assembling your team by asking for referrals.

The general consensus on this post is that since I am interested in becoming an investor, I should shift focus to learning how to analyze deals and from your post, learn how to assemble a strong team.

Assembling something under contract with debt is even harder.

Most of the approvals aren't all that helpful since the new developer is pursuing a significant change in the use from Assembly (religious) to Office, multi-family or Retail.

2) Assemble funds and acquire downtown office buildings as they decline in value?

It's definitely harder out of state.They're harder to find, harder to evaluate and harder to assemble a team to do quality work and ensure it gets done.

The reason for this post is that we have no team assembled at the moment.

@Danyale Martinez you're going to have to assemble a pro forma to share and present with potential partners.

If it is and you feel that zoning issues are favorable, draft and present the landowner a term sheet that spells out the major deal points you propose to purchase the property.If the landowner agrees with your proposed deal structure, proceed to executing a formal purchase and sale agreement.Once you have proper control of the property, assemble your development team and execute your development plan.Hope this helps.

Hello all, I have assembled a lot for redevelopment, currently only missing the corner property, and they just put it on the market. property is 3.4 mill, Now I do have enough for 25%, but since it's commercial, and based on DSCR and its existing profit, I estimate I can only get a 1.5 mill loan. don't want to carry a 75% private lender either, so I am looking at a potential partnership.