Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

2
Posts
0
Votes
Morris Layton
  • Rental Property Investor
  • Dallas, TX
0
Votes |
2
Posts

Need LOC on undeveloped land

Morris Layton
  • Rental Property Investor
  • Dallas, TX
Posted

My client has a 2.01 acre undeveloped lot in Sequim, WA. The land is worth around $175k to $200k. He is seeking 70-80% LTV. Please let me know if you can do this deal. Also my client has a 700+ credit score, just a little high on utilization. He needs this funding for debt consolidation and other things. Please let me know.

Below is the property description:

“Huge unobstructed views of Discovery Bay, Mt Baker, & the Strait. The location between Sequim & Port Townsend is just a short drive to either community, with the privacy & quiet that you can't find in town & the well is in already! Great access to many local amenities like the boat launch, Olympic Discovery Trail, Miller Peninsula Park, & miles of trails & beaches. As the neighborhood's highest lot it also features a flat building site, southern exposure & that irreplaceable top of the hill feel”