Developing Commercial Building Hints And Tips

I have an opportunity to purchase a tract of land and build on it an 8000 sq ft building for office space. It is located in an upscale business district. I would like everyone thoughts on the best way to structure the deal. Are there certain red flags that I should watch out for? I plan to put down 90k towards the purchase price of 400k where are thebest places to look for lenders? anyone who would like to open up a dialoge I would gladly go into more detail with you.

Thank You

Comments(1)

  • writergig30th January, 2005

    One more point: In the scenario above, the developer would have to sell the lots for enough money to cover the road, utlities, etc. and squueze out a profit.

    My question: Will banks loan money up front to do infastructure?

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