Landowner

Looking for someone in Mobile or Saraland AL that owns 5-10 acres that could be zoned Multi Family. Would like to partner on new development of apartments.

Comments(8)

  • seabuscuit12th September, 2007

    try going to the county clerk. Find property owners that have land that meets your criteria and them mail them offers to buy or develope with you. I think your chances to find that owner will increase dramaticaly! Good luck and happy investing.

  • cjmazur18th September, 2007

    have you thought of using realquest and creating your own list?

  • cjmazur19th September, 2007

    that presumes that they have register w/ D&B.

    here is the realquest info:

    http://www.facorelogic.com/solutions/productdetails.jsp?id=3799

    you can also talk to the sales rep about running a once off report for you.

  • finniganps25th September, 2007

    Home equity line of credit? Have you used cash advances on your credit cards? Friends/relatives? Those are probably the easiest. I guess it depends on how much you need.

  • cjmazur25th September, 2007

    unsecured business line of credit.

  • lisefreeman25th September, 2007

    We have tried family, friends, and we are "all in" with unfortunately no personal resources. We have even offered a very high return with additional incentives on the back end. So close we can taste it....

  • finniganps26th September, 2007

    How about selling assets - eg. sell your newer car and buy an old one? Can you pawn jewelry or other valuables for the short term money?

    How much are you trying to raise - you inferred a small amount of money?[ Edited by finniganps on Date 09/26/2007 ]

  • lisefreeman26th September, 2007

    We need about $150K, can go lower, $50K min which I can secure via a closing by end of year. All personal assets are already stretched to breaking. The bridge loan for $6M is secured by land worth $18M min. Do you think we should go back to the bridge funder? We need the money to fly in the lender for the site visit, retainer fee, escrow deposit on closing costs.

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