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All Forum Posts by: Thomas Ferrell

Thomas Ferrell has started 2 posts and replied 2 times.

Post: Bridge Funding a Commercial land Deal

Thomas FerrellPosted
  • Wholesaler
  • League City, TX
  • Posts 2
  • Votes 0

Hello we are in Texas and looking to buy out a land Development that the bank took back when the market took a S**t. back in 2009. Everything in the area is going like hot cakes. there is over 40 Million worth of new building permits that have been taken down in last 6 month. I need to know how to fund this. Have a 750 plus credit score and 25% down and a LOI for 1/4 th of the purchase cost from a large development company.

Post: Bridge Funding a Commercial land Deal

Thomas FerrellPosted
  • Wholesaler
  • League City, TX
  • Posts 2
  • Votes 0

Hello we are in Texas and looking to buy out a land Development that the bank took back when the market took a S**t. back in 2009. Everything in the area is going like hot cakes. there is over 40 Million worth of new building permits that have been taken down in last 6 month. I need to know how to fund this. Have a 750 plus credit score and 25% down and a LOI for 1/4 th of the purchase cost from a large development company.