land financing

[Jim Wineinger]

Does anyone have suggestions on "line of credit" associated with land only?

I believe everyone here knows, that I deal with tax sale properties and due to the economy there is a lot of acreage being lost in this way. In my area there is two different tracts of land that are available for less than 2k each. One is 96 acres and the other is 92 acres.

These lands are listed as "farm" land even though they are 100% forrested and more suited for hunting than farming at this time. What I am really interested in is after I pick them up, how easy would it be to gain an "line of credit" using the property land values as collateral, one is 106k and the other is 140k.

I am really interested in that line of credit to finance the purchase of the tax sale properties that I am interested in to quickly fix and flip.

Which kind of financial institution is best suited to approach for something as this, or is the land financing market just a no go at this time?