All Forum Posts by: Walter Correia

Thinking creatively…

Is it possible to purchase a piece of land directly from a town or city where they own the land?

Would they finance the land for you instead of borrowing from a lender?

@Henry Clark

I will DM you to give you more details and break it down.

An investor has a probate decree to purchase a buildable lot approved by Army corps of Engineers and by the city (entitlements are incomplete). The land alone can have tremendous value once shovel ready. Investor doesn’t have capital to secure the land and still need additional capital to do the rest of the engineering work.

How can this investor partner with others who have the capital to build this 40 unit building specially when the only thing he is the purchase and sale agreement through the court?

Hi @Tzvi Keisar,

Feel free to reach out, my company can help out with financing.

@Chris Seveney

Couldn’t agree more. Equity In some places are still high. What’s higher then rates is greed IMO.

@Nathan Williams

The real question is how does opportunities raise out of this? Drug addiction could = homelessness, homelessness with addiction could cause demand for sober living homes. Can or will the government subsidize this? How would you put this together? That I don’t now. Enjoy!

Anyone out there know of any lenders who would do a cash out refi on a commercial buildable lot?

@Evan Alexakos

I can help, feel free to reach out.

@Emilio Pereira

Hi Emilio,

I will be more than happy to help with your financing needs. Feel free to DM me on your specific needs. Thank you!

@Robert Barbieri

GM Robert, I’ll be more than happy to help with financing. CT is the place to be. Thanks!