Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Jay Fayz Best way to start in REI at 20 years old
9 January 2025 | 4 replies
I’ve been considering working for as a acquisition manager for a  wholesaling company, as I believe it would help me develop skills in property analysis and enhance my sales abilities.
Michael Kussin Subdividing Land near Denver
31 December 2024 | 4 replies
Michael,   A good book to purchase is "Professional Real Estate Development: The ULI guide to Business.   
Ryan Ruppert Shopify for own STR website?
12 January 2025 | 5 replies
Will you hire a developer or build it yourself?
Rafal Soltysek RV park and glamping investing
7 January 2025 | 4 replies
Hi Mark, I am a founder of a startup helping RV park developers source land.
Sri Reddy Multifamily Groundup Construction loan
14 January 2025 | 4 replies
We develop and consult new developers through the full cycle of development.Financing differs from project to project based on your equity, land cost, construction methods, etc.
Celli Mowery Who has interest in Kentucky?
10 January 2025 | 26 replies
Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals. 
AJ Wong Ten Real Estate and Economic impacts of the LA Wildfires
14 January 2025 | 2 replies
Some of the most expensive and difficult properties in the country (and world) to develop were vaporized into potentially un-developable lots.
Yaroslav Shtogun Lot split with house on the line
8 January 2025 | 8 replies
Flip to another developer looking for your zoning ordinances.
Marisela Arechiga To ADU or to Purchase Another?
14 January 2025 | 8 replies
Building small units in small counts is expensive development.  
Nate McCarthy How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.