Once its approved it will be worth about 100 million. and the 10k a month is all principal there is no interest carry.. so been it it 15 years already..

I’d also prioritize getting pre-approved, securing financing, and starting small to build experience and momentum.Good luck!

As we getting close to the 45 day identification deadline, we found a deal of a mobile home sitting on two 50'x200' lots in West Augustine, which by St.

@Joaquin Camarasa regarding the mortgage as a company, once you get approved by the criteria described above, they will give you around 50 maybe 60% LTV. 

I pull all my copies , approved plans from the county , footer inspections , final inspections , AND I found a copy of the code from 2002 . 

So developers are building multifamily on these parking areas.Since these areas aren't located on top of residential areas, the zoning approval process has a lot less friction and resistance from NIMBYs.Here's an example in Rochester where an old Sears was turned into apartments for seniors.https://www.passero.com/projects/skyview-park-senior-housing...For multifamily developers, this could be an opportunity for building and partner with the mall owners.

Some lenders charge 5% released upon C/O, others release once that particular line item is approved by local inspection agency.

That does not mean it is approved, but it is a positive.  

Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

In our lovely state of WA once the removal is approved, it could take another week or two until the sheriff gets to the property and posts the legalese paperwork on the door(they are busy), basically telling the bum that he will be tossed on XX date.