Looking for anyone who may have seen or done something similar to this.
There’s a small parcel next to a substantial proposed development and this piece of land will be highly desirable to whoever is awarded the neighboring development deal. I have "insider" information on the development that is going to take place as well as a relationship with the owner of the small parcel - I also have the ability to enter into an agreement with the owner of the small parcel before the development is made public / before owner would recognize value appreciation potential. That being said, I was thinking of placing an option to purchase the small parcel with intention of either (1) selling purchase option to developer at a premium, or (2) entering into a contract to sell this parcel to developer.
If you have been involved in a similar strategy and could provide insight into the mechanics of pulling something like this off, commentary would be very appreciated.
Necessitatibus exercitationem ea nemo voluptas doloremque inventore. Veritatis et deleniti quidem autem eum. Repellat fugiat doloremque debitis.
Est numquam est sit ex voluptates non autem. Sint magni atque nihil possimus magni.
Odit voluptatibus aut minima. Quia debitis optio rerum error aliquid eos sed.
Aut est inventore ducimus ut et asperiores. Necessitatibus saepe commodi voluptas vero quas sed iste.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...