How To Market To Foreign Investors?
Has this been dealt with here?
Hello all. Since the $$ is so cheap and the US housing market is in the dumps, I was wondering how I can market an approved 46 lot subdivision to a foreign investor(s). Seems a Euro exchange would be beneficial for foreign investment?
Property had a nice deposit on it before the market turn by a national builder and being so close to NYC, I still believe this project is highly marketable. Or am I dreaming?
Are there any name brand brokers that have international market reach?
Any insight would be appreciated.
it seems to me that you have more leverage with the existing owner.
Also, if there are any promises made by the city, make sure you get them in writing.
If the scope of the litgation well understood or is it open ended?
If you are comfortable, you could discount the property and assume the liabilities of the owner, and then negotiate a settlement w/ the city.
walk or bird dog it to someone more experience.
You might want to watch the property and if/when it goes to foreclosure and clear up all that mess, you might want to buy.