Dave is very straightforward delivering the raw reality forthe business your developing.

Whats the best way to finance raw land?

You can invest in residential, commercial, single-family, multi-family, TIC interests, raw land, oil and gas rights, water rights, conservation easements...and many other options too.  

Any type of normal real estate is eligible -- raw land, residential buildings, commercial buildings, etc.

Find a realtor/broker who specializes in raw land 

We are looking to see if there is any way you can roll a 1031 exchange into building a structure (Capital improvements) on a raw piece of land that we already own.

The people who had the house moved this house to a raw piece of land, which is right at 3 acres.

That's a really raw estimation of assuming a certain flipping up of funds on unit counts. 

one thing of note is the discount on raw land notes is usually far higher than owner occ or improved notes.. so the yeilds are much higher and that does mitigate risk.. the real thing to look at is how much did the buyer put down.. 

hoping to get this deal fine tuned and detailed out to try and close it.looking at 3 parcels in a row by the same owner in Renton outside of seattle area lot one has a house that is pretty trashed, currently worth $300 to $325-needs $100k of work lot is 15,000 sq ftsecond lot has a manufactured house and garage built in early 2000s also worth $300 to $350- lot is 27,000 sq ft third lot is raw land also at 27,000 sq ft- Saw a lot half the size and on a corner up the street sold for $22k last year but I am trying to calculate the worth of this lot Buying all three together for $650 so all of the money would end up being in the land and and I use hard money the fees would be around $36k if i can just sell the two houses as is to pay the loan off quickly.