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Updated over 4 years ago on . Most recent reply

Drew W.'s profile image
Drew W.'s profile image
Drew W.
  • Rental Property Investor
  • from Lubbock, TX
  • Member since Apr 24, 2019

User Stats

16
Posts
2
Votes
Drew W.'s profile image
Drew W.'s profile image
Drew W.
  • Rental Property Investor
  • from Lubbock, TX
  • Member since Apr 24, 2019
Drew W.
  • Rental Property Investor
  • Lubbock, TX
2
Votes |
16
Posts
Innovative Strategies

If you own land can you leverage it to buy real estate?

Drew W.
  • Rental Property Investor
  • Lubbock, TX
Posted

My family has a ranch that is honestly out in the middle of no where. It use to have cattle on it but no longer does. It’s around 2500 acres in west Texas and it has been in my family for a long time.

I don't want to sell it, but what my question is am I able to leverage it to buy other forms of real estate? I guess like a " Land HELOC" I guess it would be a "LELOC" if that is even a possibility.

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