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Updated 3 months ago on . Most recent reply

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Andy Bahr
  • Real Estate Agent
  • Charlotte, NC
21
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20
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Land Lending - Senior Housing

Andy Bahr
  • Real Estate Agent
  • Charlotte, NC
Posted

Does anyone have any good lenders that will lend on raw land? If so, please provide. Thank you!

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate..

in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.

Myself I always pay cash for the dirt this makes finding a lending partner much easier.

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JLH Capital Partners

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