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REQUEST for QUALIFICATIONS MULTIFAMILY NYC Gov Nyc  Form

REQUEST for QUALIFICATIONS MULTIFAMILY NYC Gov Nyc Form

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here's the reason why you don't want to buy and hold vacant land so first of all when you have a vacant land sitting there it's not actually producing any cash every single month also bank doesn't like financing vacant lands I mean you have to pay cash for the land but yeah all cash for this land is not producing any cash flow that is not a good investment and then third if you ever want to develop it out it takes time to get permits it takes time to build it out and that could take years and a lot of risk if you're going to buy and hold you better off buying a whole a property versus vacant land

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