Good morning fellow investors, I am about to break ground on my first development project which entails adding 7 units on a lot that already has 2 units on it.

Investment Info:

Single-family residence buy & hold investment in Seminole.

Purchase price: $465,000

Cash invested: $80,000

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Salt Water Poo...

There are plenty of hard money lenders out there to fund your projects.

I have 3 years of experience in real estate investment projects here in Dallas, TX.

No contracts and you can transfer your cameras from project to project.Depending on how much coverage you need they have really low monthly plans.

: Work with an experienced contractor who has done a lot of work similar to the work you're looking to do on that specific project.💡 Noticing any shifts in buyer demand that affect your strategy?

I invested as a sophisticated investor, although I have no professional accreditations.

So a majority of the ownership groups would want to sell, plus since they are more sophisticated owners usually would sell through a broker to get max price and not sell privately.  

What’s the project or projects?  

I’ve been diving into larger parcels, seeing them as more versatile for future projects, and exploring the potential for mobile home parks specifically.I’d love to hear from others who’ve made similar moves or have experience with larger tracts of land.