You need to have enough money, probably in the $100-150k, amount to put the property under contract, and do the feasibility study on the property, Phase 1 Environmental, Property Drawings for roads, water sewer, and utilities, and have a completed budget so you know what your costs are.At that point you can go out and attract investors, I don't thing that developing raw land is necessarily cheaper than buying discounted finished lots. 

There isn't much scale in your current idea, but there are a lot of mobile home investors who figured out for low money down to start.

@Zehua ZhouSounds like a lot of extra work and money?

It's really only relied upon in new construction and even then I would place more value on a discounted cash flow with assumptions for time to stabilize to market occupancy.

(I bought it 3 years ago)I'm trying to see how long in the future I will need to do another gut renovation, so I can start saving up some money toward it.Things are in pretty good shape.

Im have started my private/hard money lending business and looking to have money partners to grow my business since I have ran out of my private money.

Maybe money is tight, maybe it is the summer and people are feeling more inspired to make the recurring Home Depot runs, or maybe people are taking more initiative to round their skills on Youtube University. 

I didn't want to use a partner, but it sounds like that"s going to be best bet to get off the ground.Thanks again.

There are many second homes there, meaning homes where the owners are content with a crummy PM making them a little bit of STR money in their absence, so it can be a challenge to weed those comps out of your study.

What are my options in financing my second property with the least amount of out of pocket money and/or using the equity in my first property.