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Updated almost 7 years ago,
How and where can you finance land?
We frequently run into deals where clients are looking to borrower on undeveloped land. We offer new construction financing, but we only finance construction on verticals.
I know that land can be tough to finance, but what are some options for simple land financing? Bridge financing of land that will be developed? Or land with raw materials, such as coal, oil, etc? I'm interested in BP feedback and advice on where to refer these clients!