. :-) back in the day and not a big deal flow.. and all land contracts on bare land.. to put it in perspective. :)

Just sayin.. as for the loan when I looked at a MF ground up lender wanted land paid for and would advance 75% of vertical we needed both the land soft costs and 25% of vertical in cash ..

Quote from @Josh Ball: You cannot deny service animals.

👀Park Hill golf course is no more - welcome Denver’s 4th largest public park coming summer of 2025 ☀️This 155 acre plot of land will now be home to picnic tables, walking trails, and other temporary features 🥾The biggest gripe I hear about buying in the city, is not enough accessibility to outdoor spaces, too clustered, etc.

Sounds like you are juggling a lot of balls in the air!

An expired land lease2.

Should the bank ever need to foreclose on the property, they can’t sell the building without the land or the land without the building.

A lot of land is sold on owner terms..

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

We purchased the land all cash, and financed the rebuild of the community How did you add value to the deal?