land is going commercial
have to tie up his property at a certain price for 5 years.
Best case scenerio, you have an option to buy the property at $500,000 that cost you $5,000 (if he accepted 1% as the option fee). The shoppping center gets approved and/or built over the next few years increasing the value of Nike Air Force 1 Pink And Black
You will usually need at least some money to put down (1% 2% Minimum) otherwise what incentive does the owner Nike Air Force 1 Low Lv8
Get the Free eBook from BiggerPockets
In your example, you would approach the owner of the adjacent property and offer him Nike Air Force 1 Kids' Shoe an option to buy his land at $500,000 and the option would expire in 5 years.
If he accepts the option, you definitely want a lawyer familiar with option purchased to draft the agreement so you dont get burned.
The way you would tie up a piece of property with little or no money down is to purchase an option to buy the property at a fixed price for a set period of time.
the property to, let say $1,000,000. You can list the property as an " interested party" because you have an option contract on it and hopefully you sell it for $1,000,000, pay him the $500,000 you agree to, and walk away with the difference.
an ideal world, you make $500,000 with $5000 down. Not bad if it works.
Get The Ultimate Beginner's Guide to Real Estate Investing for FREE read by more than 100,000 people AND get exclusive real estate investing tips, tricks, and techniques delivered straight to your inbox twice weekly!
Air Force 1 Flyknit Low
Nike Air Force 1 Low Black Size 6
New Balance Purple And Yellow
Nike Air Force Black On Feet
Gold Air Force Ones High Top
New Balance 430 White
Nike Air Force 1 High Red Price
New Balance Runners Black
New Balance Boston
New Balance Red And White Cleats
Air Force 1 Low Black White
Air Force One Womens
Air Force One Mid Vs High
Air Force 1 Low Flyknit Black
Nike Air Force 1 Low Suede Blue