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Sesshomaru · 03-07-2004, 11:24 AM

Does anyone have experience with developing commercial property?

I am looking at some farmland (formerly) that's in a good location.
A partner and I are thinking about buying it and building a strip mall/leasing properties. The property has already been rezoned commercial, and the utilities are going in as I type.

I'm going to get a loan to buy the property, as well as a construction loan of course. I handle accounting, and my partner is a general contractor who will handle the actual construction.

Can you guys give your opinions as to some major hurdles or obstacles I will likely face? Thanks.

03-07-2004, 11:24 AM	#1
Sesshomaru Lieutenant Junior Grade Join Date: Feb 2004 Posts: 173	Developing commerical property Does anyone have experience with developing commercial property? I am looking at some farmland (formerly) that's in a good location. A partner and I are thinking about buying it and building a strip mall/leasing properties. The property has already been rezoned commercial, and the utilities are going in as I type. I'm going to get a loan to buy the property, as well as a construction loan of course. I handle accounting, and my partner is a general contractor who will handle the actual construction. Can you guys give your opinions as to some major hurdles or obstacles I will likely face? Thanks. __________________ Careful where you extend your hand. You may pull it back bloodied.