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All Forum Posts by: Dusty Swartz

Dusty Swartz has started 4 posts and replied 7 times.

My target property for an Agritourism project has a ~$1.3M forestry grant for understory maintenance, ecosystem enhancement, and wildfire mitigation. I'm seeking a loan of 50%-65% LTV ($650k-$825k) against the Federal USDA grant.

Half the funds will be earmarked for a downpayment on the property, and half will be used for startup infrastructure to accelerate revenue generation. Annual proceeds from the grant will be used to repay the loan over 5-7 years.

HI @Logan Singleton, I sent an email to your work address. Thanks for reaching out. 
- dusty

My target property for an Agritourism project has a ~$1.3M forestry grant for understory maintenance, ecosystem enhancement, and wildfire mitigation. I'm seeking a loan of 54%-65% LTV ($700k-$845k) against the Federal USDA grant.

Half the funds will be earmarked for a downpayment on the property, and half will be used for startup infrastructure to accelerate revenue generation. Annual proceeds from the grant will be used to repay the principal over 5-7 years.

My target property for an Agritourism project has a ~$1.3M forestry grant for understory maintenance, ecosystem enhancement, and wildfire mitigation. I'm seeking a loan of 54%-65% LTV ($700k-$845k). Half the funds will be earmarked for a downpayment on the property, and half will be used for startup infrastructure to accelerate revenue generation. Annual proceeds from the grant will be used to repay the principal over 5-7 years.

thanks @Jim Rivell, I sincerely appreciate referring to these resources. I found a couple of options through general Google searches but thought I'd reach out to those in the field for suggestions. 

Again, much appreciated.  

Quote from @Jim Rivell:

I don't have one, but at the bottom of the BP Website on desktop there is a tab called "File Place" that might have what you're looking for. 

https://www.biggerpockets.com/files


 thanks, no luck there. 

Does anyone have a template they can share for a "Lease with Option to Purchase" agreement?