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Updated over 7 years ago,
Private loans for undeveloped water front...how do I go about it?
I have a little less than 100 acres on 1.5 miles of river front that I would like a private loan on while I wait for it to sell. I need money sooner to move and help my daughter who has health issues. I would like to have principal and interest due upon the sale of the property. So I am not looking for a hard money loan. Am I going to be able to do something like this with the land as collateral? I have not tried to do this before now and I'm a novice who needs information and direction. Thank you!