Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Real Estate Deal Analysis & Advice
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 almost 12 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Valerie Bloomberg
  • Rental Property Investor
  • Suffolk, VA
0
Votes |
8
Posts

Buying a large tract of land

Valerie Bloomberg
  • Rental Property Investor
  • Suffolk, VA
Posted

My husband and I are interested in obtaining a 5226 acre koa forest in HI...the asking price is 15M. The sale of the property would be contingent on us being able to obtaining government approval of a sustainable forest management plan including a commercial timber harvest program. If we can obtain approval paying off the loan(owner financed)would be no problem. The problem is the down payment and poor credit(caused by a financially devastating divorce). We thought about creating a non-profit land trust and getting donations but we are afraid the property would be gone by the time we obtain enough to cover the down payment as it would take awhile to obtain the 20% down we would need. Any ideas on how to raise a sizable down payment?

Loading replies...