Tommy DobczykOpportunity Zone Advisor, OZ Wizard · Director of Development | Certified Opportunity Zone Advisor

Real Estate Deal: $18M Price Hike Strategy Explained #shorts

26 Mar 2026 · 1 min

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0:48

In this short video, the speaker outlines a real‑estate financing and redevelopment plan. He raises the asking price of a property to $18 million, citing a $15 million valuation and the intention to have a buyer (Mike) carry the note. By presenting a $9 million note to another bank, he aims to secure a $5 million construction loan to add a third floor, increase square footage, and convert the roof into a nightclub/café with an external elevator, thereby boosting the property's value. The strategy hinges on leveraging the higher price, note‑carrying arrangement, and additional development to make the deal attractive to lenders and investors.

Chapters

Are you in the deal room? I increased the price to $18 million. It's because I'm asking Mike to carry the note. The other reason why I did was because the building itself can value at $15 million. And so if I can show another bank that we got this thing on a $9 million note, tell Mike to hold off recording his note, we can go in and get a, a $5 million business— or I mean $5 million construction loan— and add another floor to this thing, which is then going to increase our square footage. I can go up to 3 stories here, and we'll probably take over the entire roof of this thing and turn it into a nightclub upstairs with cafe and stuff. Put an external elevator in, and so people can just go pull up out here. They don't come into this building, they literally go to the third floor and go up to the cafe and the barista and all that bullshit. So yes, I agree.