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  1. HD_ACE

    Development feasibility

    The problem here is your planing to fail. The deal has to have enough fat in it so that you dont LOOSE money. You need a deal that will have a 30% profit margin from the start so that when suprises pop up you still walk away with a 20% profit. If you plan a development with next to 0% profit...
  2. HD_ACE

    Development feasibility

    why not go for a retain and build site? either battle axe or two street front corner block. This way you have income coming in from the original house, no demo costs and no security issues with bank. subdivide and revalue with a construction loan againts the vacant block to build? sell or keep...
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