How To Find Pre-Construction Opportunities?

Am looking for high leverage pre-construction scenarios. What is the best way to find builders that are just starting new developments and are looking to pre-sell?



JohnCl



Comments(2)

  • kimander5th September, 2006

    [ Edited by kimander on Date 09/05/2006 ]

  • rachelkernbaldwin5th September, 2006

    The process is really simple:
    1. Buy it cheap.
    2. Put a pretty face on the property. Mow the lawns, cover up the uglies, clean up the trash.
    3. Expose the property to rehabbers. Advertise. Take a non-refundable deposit and a 10 day contract. Get an additional non-refundable deposit for any contract extensions.
    4. Sell the property.
    Repeat.

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