I do a lot of flips, development and wholesales and can show you behind the scenes.

Currently work as a Project Engineer with a commercial development company (retail and multi-family apartments).

I've met the developer whose project was set on fire, Bob Shuman  he spoke at a DIG meeting one time. 

however .... there's never an option for us Real Estate Developers or Contractors, just wholesalers, flippers, investors.

.-- Bought land--dropped electric, developed spring, put in septic, created road (not yet rocked), procured older doublewide (not yet on property), got zoning clearance for soft set foundation on mobilehome.

Before that I ran a popular neighborhood blog where I would occasionally talk about real estate and development in a transitional neighborhood.

I know North Corona has been developed and it is a desirable area.

Hi@Perry Zheng - It's not just the redeveloping urban core but the new huge industrial developments going up east of town.  

I'm still considering going through with it as a 2-5 year or so hold since appreciation in the zip code and development is 14% in the last year (greater Seattle area) so long as the market doesn't turn, with the money invested, I'm getting 60% cash on cash return on my money just from appreciation alone.

What would you suggest they do to obtain the financing they need to upgrade and develop.