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Real Estate
Reply to "Thoughts on this little house in Bethesda?"
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[quote=Anonymous][quote=Anonymous]Can most developers handle this type of project right now? $$ isn't exactly cheap and this isn't always the fastest area to get everything approved. With that lot size, I'm not sure what they'll put up or how quickly it can be done. This one doesn't come without risk and the location is only pretty good.[/quote] Yes of course. You're making sound like rates have never been 7% before, or that it's only recently that permits have been a challenging process. This is nothing new to developers. And it's also possible they'll use their own money for the project instead of getting a hard money loan. In terms of the location, it's not "pretty good", it's great. [/quote]
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