Unless the land had such a signifacant value like over $500K you might find a private lender to put a junior lien against it if you own it "free and clear".I have seen some private lenders offer a higher LTV even 100% if the collateral is sufficient, but again land is tough to resell unless its commerically zoned in a great location.  

If I had $1M cash and was looking for cash flow I would go private lending over buying lower priced properties in ohio.

@John Boutros The only think that comes to mind is private lenders or trying to find small, local banks and credit unions who are willing to lend.

Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer.

And by "institutions", I did mean more  in the way of 'institutional lenders', like banks or private mortgage companies as opposed to private or hard money lenders.

Private Money Lenders (Kiavi, LendingOne, Private Individuals) Fix and Flip productsWho did you get the loans through?

Lastly, network with some of the private lenders in your area and see if any would be interested in funding you quickly as needed. 

Finding a private lender?

'Investing in Real Estate Private Equity' by Sean Cook is a great intro level book, that assumes you know nothing about the syndication space but it doesn't treat you like an idiot either, it takes you along and educates you2. higher level is "CRE analysis and investments" , a textbook by Geltner et al. which I loved, breaks down all aspects of CRE, how to underwrite etc. 3. lots of online stuff helpful too, like The Real Estate Syndication Show, recent episode belowOver 100 Passive Investments and Lessons Learned with Joe Fairless (youtube.com)4.

He said what most people do, is install their own private meter somewhere along the tenants pipes.