Question: The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain

The first step in the development process is to gain control of the site. What is the most common, and lowest risk, method to obtain control of a site from another owner?

By borrowing money from a construction lender

By negotiating an option to purchase from the existing owner

By purchasing land at auction from the city

By purchasing directly from the existing owner

The first step in the development process is to gain control

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