The 7 Steps · Arthur the Developer
Building a House in 7 Steps | Step 2: Underwriting Your Build
Step 2 of the series: how we underwrite a build so we know the number we can pay for the land before we ever tour it.
Full guide: The 7 Steps →What we cover
- How we work backward from a comparable sale price
- The hard costs, soft costs, and financing costs we plug into every deal
- How we set a return target and cap the land price to hit it
- Where we build in a contingency so the deal survives surprises
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