- Joined
- Jun 8, 2022
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So there was no general contractor? That could be its own set of problems. Who was making sure the sub's were actually doing things correctly?Around 6 months. The owners were subcontracting out most of the work.
Also, you have cash to finish it. My guess is construction loans are drying up, given real estate isn't going up anymore and interest rates are rising. If not then the first discussion likely needs to be with a banker.
If this is a rip snorting deal someone in the business would likely have acquired it already, no?