E.g. fire rated construction requirements on main homes, survey & soils reports, utility upgrades. 

So while I can't claim to speak for every financial institution out there, it's a very broad survey, finding an option not contained there might involve making quite a few phone calls.When I see 30 year fixed, 30 year amortization, 30 year maturity (basically, identical terms to a consumer-friendly kid-gloves home loan), which does in fact pop up if I specifically search for it, it's almost always at a rather high interest rate, and the borrower doesn't opt for it.

If developing, you will need a full team for entitlements and permitting (civil engineer, survey, architect, etc.).  

Despite the fact that the 2023 Profile of Home Buyers & Sellers survey comes from NAR, I think it is a fairly accurate representation of what is going on in our real estate business.

He will tell you, INTER ALIA, that you want inspection, financing, attorney review, title review, insurance, environmental, and survey review.Second, get a GOOD home inspector lined up.Third, get your banker lined up.THEN you can start looking.Also, keep in mind that backing out of a contract must relate to the contingency being used, and can only be triggered AFTER a good faith effort comply with/fulfill the contingency.

The Census ACS 5-year survey ought to help!

Then it makes sense to spend money on the inspections, surveys, contractor bids, etc.Financials - Review of the financials can be tricky, particularly when the current owner has not kept the books correctly.

Having a background in Real Estate, Sales/Training in Construction Technolgy like GPS Survey/Layout and Machine Control/CAD Model Building, along with owning a Civil 3D Dirt Construction Company, I was very excited about the opportunities presented by Cody at Vestbright.

Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

Hey @Eddie Hincewicz, just an FYI, I did an extensive survey of a bunch of lenders and none of them would lend more on an operating STR vs a similar home.That does include if they have a permit.So anyone looking to buy, they would have to come up with the extra cash if the owner wants to charge more than the comps support.