Land purchase issues

[Stacey M.]

This past weekend I attended a land sale in the western part of NC. I put a deposit on a 100K piece of land. I signed up st the sale to get information about financing with the goal to build on this land in the next 3yrs. This home would be for a rental and eventually retirement. When I get to the lender today he informs me that in addition to the deposit they will need another large sum of money at closing. My question is how do I determine if this is going to be worth a large amount of money up front. Especially, with no money coming back for awhile. Also, suggestions for loan vs. other creative financing options. Lastly, is it common for agents not to be forthcoming about the LTV rate or it be anywhere in the contract?