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Results (14)
Jeremiah Fennell Pros and Cons of Opportunity Zones for Investors.
18 July 2020 | 3 replies
The opportunity zones were put in place to stir investment in areas with traditional lower développement and investment.  
Martin Pelletier Making New housing developpement
7 January 2020 | 3 replies

Any tips on how can I get a loan for my project. I bought a land in the past but I had to do everything cash because bank dont want  to finance. I would like to keep some of the land for another project too. I mean re...

Martin Pelletier Making New housing developpement
31 December 2019 | 0 replies

Hi any tips on how  to get finacing for that kind of projects? Buying land is difficult because banks don't finance. I bought a land cash before but banks would not take the land for a mortage too so do I have to make...

Account Closed Is this a good deal?
6 July 2017 | 4 replies
I'll have either the option to sell the developped lots to a builder/developper or go ahead with the construction.here are both scenarios:Options 1 selling the developped lots (2 -2.5 years)Initial investment 500k + developement cost 300k = 800k total costs (in cash; no lending on undevelopped land)Resale value 1400k-1500k profit 600-700k Annualized return (cash on cash) 36%Options 2building and selling the homes (3.5 - 4 years total)Hard costs + lending costs = 2500k+ land 800k = 3300k total costresale value 5000kprofit 1700kAnnualized return (cash on cash) 50%These are very rough numbers and do not include taxes commissions etc, but as you can tell building seems the most attractive option;However, building caries significant risks; many things could go wrong.