Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

Specifically here, I've considered a few of the things that you both brought up, but the word "average" has a very specific meaning...

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

Maybe it can help you in your specific situation, it depends.

my question is specific towards obtaining a mortgage in BC Canada. 

One of my first questions is always - "what are your specific goals?"

Send me a DM with anything specific you have in mind!

With all of that said without know more specifics about what price points you're considering and location I'm going to Generalize1.

There are very specific things you can and can't (shouldn't) do as either. 

I am trying to invest out of state, specifically in Kansas.