That means: 100% Other People's Money (= ideal).

Makes sense to me, just using hypotheticals, on the ideal side I guess,  but thank you again.  

Overall using google maps and various other resources, the area seems to be a developing area.

Overall using google maps and various other resources, the area seems to be a developing area.The numbers that we are using on the property show potential.

I've developed a tremendous interest in real estate, thanks to BP, and I'm itching to get going. 

This ratio is ideally less than 40%.

@Roopali Bahal Before getting into the weeds of market and property analysis, you should develop your investment criteria. 

I decided its time to start talking to some people about what im doing. turns out a family member was a motivated seller , long story short I bought a 200m2 piece of land in Baja California with an amazing beach view. lots of development is happening.

Chicago is on a lake, so our city is a half circle with the center being downtown.  40 miles around the city is already developed so in the new construction boom before the crash we had hundreds of new communities being built on farmland 60 miles out. 

I am a N.Y. based nonprofit developer and would like to partner with an established firm.