How to Find Unique Lenders for Land Deals
Wednesday, September 27th, 2006Few lenders specialize in land deals. So you have a real challenge in finding such lenders. When you want to buy raw land, look at these loan sources:
•The seller - many sellers will finance their land sale, asking for lit-de down payment-sometimes as little as just S100.
•Government sellers - state and federal governments sometimes offer land for as little as SI per acre - with no financing charges. And if you buy large amounts of this land - several thousand Acres - the government may extend credit to you to pay for your land over a period of years.
investment property