All Forum Posts by: N.A N.A

Thank you for your response. This is a developer That I do know. I'm more then comfortable with his credentials in this area.

What he has offered: a 12 month lien be placed on my land so he can secure funding to start a major project in another state. My land would never be involved in the construction part of this deal.

After the 12 month the lien will be removed and I will be payed for my troubles.

First, is this something people even really do?

What could his motivation be other then to help me get some cash flow on a CF negative property.

Thanks again

An investor has come to me asking to use the equity from land I own. I own this land free and clear and the investor is going to get a 12-24 month construction loan. At the end of this time frame the lien is removed from my land and I will be paid a fee for lending the equity.

What are the potential risks of losing this land if something falls through with his construction loan?
I am new to development, Is this a common practice in larger developments?