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Updated over 1 year ago,
Commercial Loan for Vacation Destination?
Let's say you have your eye on a 100 acre tract of land you would like to build 5 vacation rentals on.
The seller is willing to sellers finance up to 2/3 of the land.
How would you approach creatively structuring this deal to accelerate the builds?
Ideally, I would like to start 2-3 at once, but I may only qualify for the first one starting out.
Is there such a thing as a commercial loan for vacation destinations?