May 1 2009, 01:05 PM
QUOTE(vinboy @ Apr 29 2009, 01:39 AM)
thanks for all the replies..
JV with a developer is the last option I would consider.
there are many instances where the developer bankrupted, the land somehow convert to somebody else (usually the bank), and the original land owner get nothing in return.
having control over the development is crucial in my case.
hi vinboy,JV with a developer is the last option I would consider.
there are many instances where the developer bankrupted, the land somehow convert to somebody else (usually the bank), and the original land owner get nothing in return.
having control over the development is crucial in my case.
if you are looking for a construction only loan, we do have a loan package for that.
but for an acre, that is one big piece of land... the potential for development and investment return is huge for a prime land.
do let me know if you are free to communicate through the phone.
perhaps i can help with a further elaboration of your intentions and plans on the said land.
hope to hear from you soon.
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