Sort of like an option to purchase the home at a price we haven't agreed upon yet.Because this is a development play, and I'm not sure yet how much a developer would pay for the land after running it through feasibility, I don’t want to specify a price until I speak to those potential buyers… BUT I don’t want to get specific about the deal with those potential buyers until I have the seller under contract in some capacity.

We generally run feasibility calculations and do rough sketch site plans in house.

Also, I build a data analytics company to provide detailed foot traffic analysis for any location for commercial real estate: Since the rate hikes and QT measures, I believe growth investing won't be feasible without the massive quantity easing we used to see in the past decade.So I am looking to branch into real estate investment and after reading the BRRRR book and the Book on Rental Property investing.

I am not saying new construction is not feasible but it's not the right investment vehicle for Jay's desired strategy.

@Jenifer Levini  well some parcels are not financially feasible to log.. but others you can make huge money..

I would make it a primary goal to get approved for 450-500K.This sounds like a lot, but with interest rates bottomed out, it’s very feasible, even for a single guy (I won’t lie, it’s a lot easier if you’re married).

I’d love any feedback on this plan and any thoughts on whether this is feasible in Sunnyside / Berkeley.

Property Condition: Assessing properties in person helps you accurately gauge their condition, potential repair costs, and overall investment feasibility.6.

Your architect will perform a feasibility study to determine the general volume and layout of the building, which will then give you an idea of the size and how much the development might cost.

Even with the site improvement costs, the vacant land option seemed more feasible.