Using Collateral to purchase a Commercial property.

[Mac Usher]

Hi BP- I want to offer land that I own as collateral to purchase a piece of commercial property. What has been your experience in using this technique? Thanks

[Brandon Raeburn]

@Mac Usher "Hi BP- I want to offer land that I own as collateral to purchase a piece of commercial property. What has been your experience in using this technique? Thanks" 

Hi Mac, it all depends on the seller. If they think its a fair trade then its nothing for your attorneys to handle. We've managed to accomplish a similar trade over seas without incident.  One thing to keep in mind, vacant land may be hard for some to asses its true value. Good luck.