All Forum Posts by: Justine Johnson

Thank you everyone for responding.

Bill, Thank you, that was the information I was needing to move forward. Initially my thought was to somehow write up the contract so that the timber proceeds went into a trust account or something that the lender was actually in control of since all the profit is going straight to the loan!

Thank you again....off to make some calls!!

I'm not sure. I don't know much about that. My basis for the question is that where we live (the place we are trying to buy), there is enough timber on it to either pay for the whole property or come extremely close to paying for the whole property. I'm just wondering if a private lender would look that when making a decision.

Will private/hard money lenders include timber value in the LTV when making a decision?

Hello. My husband and I are happy to be here and jump in with both feet! We have one 4 unit complex on 5 Acres and we are ready to expand across the US. I have been in property management and real estate for 10 years and my husband has been doing construction for about 20 years. We are ready to expand across the US. Looking forward to learning for everyone here and make some long lasting contacts!