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Updated almost 5 years ago,

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5
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0
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Seth Jayne
  • Rocklin, CA
0
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5
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Best type of financing for commercial vacant land?

Seth Jayne
  • Rocklin, CA
Posted

Hello BP,

Thanks in advance for the advice. This has likely been discussed many times however I am sure this changes from time to time. I have 2.8 acres of vacant land. I would like to do a cash-out refi on the property. What is the lowest-cost source of financing on commercial vacant land? I own the property free and clear and I use the property to store my companies equipment there. I know the SBA does real estate loans but how else should I shop for the best deal? Brokers maybe?  

Thank you,

Seth 

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