Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Updated about 1 year ago,
How to get a loan for a parcel to build?
Hi,
Can anyone point me in the direction of obtaining land for a commercial 1.2-acre parcel to build a strip center?
The majority of brand name lenders have said no loans to vacant land/construction loans at the moment.
one small bank quoted me 50% down with 10% interest with a prepay penalty.
Thank you
Ben