If for example each lot is $50k and the cost to build the road is $5k and selling costs is $3k and $1k cost to hold the additional lot then you get $1k for the effort and risk of the purchase.  

I'm planning a move to NC and trying to make the smartest financial decision with my current home. Here's my situation:
NJ Home: Worth $525k, $190k mortgage remaining, prime location in Bergen County with easy NYC ac...

You will need an offer to purchase contract, promissory note, and deed of trust if you are looking to do an owner financed lot.

What state are you looking to purchase in ? 

We have a 480k mortgage on it, we have a 400k heloc as well that I use for investment purchases and then refinance after we fix up to pay the heloc off.

I work with investors and agents throughout the state and would be happy to connect.Staci Thanks Staci looking to purchase my first fix and flip hopefully soon!

purchasing a 2 family home next week. looking to see what brand everyone is using for Luxury vinyl plank flooring.Thanks in advance!

Not just from this website but other sites and programs I've purchased in the past.

Purchase price: $165,000 Cash invested: $25,000 Sale price: $234,900 Partner Driven and Jamari Spruell completed a successful fix-and-flip on Mount Zion Blvd, Ellenwood, GA.

Hey Jennifer, The only other way that you can tap into the equity from another property to purchase a new one, without having to refinance or obtain a HELOC is through a cross collateral loan.