There are a few hundred acres of undeveloped land that sit between two newly developed high-income neighborhoods. I have found a 60 acres parcel that is currently valued at $12k/acre which is very reasonable for the area. However, I am no where close to having enough money to buy all or really any of this land currently. But I see such a great opportunity for a potential subdivision on this land. I wish I could just buy the land, keep an acre for myself and partner with or even sell off to a developer. It's only a matter of time until the suburban sprawl hits this area and I would hate to miss this. How do you get funding for a project like this? Are there even real estate models like this (where owner holds a piece of land for themselves and sells off the rest immediately to a developer)?
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source https://www.reddit.com/r/RealEstate/comments/no19uq/how_do_you_buy_undeveloped_land_with_great/
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