Creative financing is basically figuring out something grounded in reality.For instance, I was able to buy a raw piece of land in WA many years ago with some hard-earned savings. 

I had one system installed on raw land I bought and I put in a system much larger than I expected to need, because it's not much more expensive and easier to do the first time.I'd add to all of the above that you also need to make sure nobody is driving or parking on the field.In areas where this is normal, people just seem to know what they're supposed to do and not do. 

Yes, we are still in escrow…but after a long and emotional conversation with my fiancee this afternoon, we have decided that although it would be a dream to own this piece of raw land, it just doesn’t make sense to take on a liability at this time in our lives, let alone one that we're 90% excited about.A bit of context: my fiancee and I have a dream of one day owning a chunk of land that we can take care of and build a nest on.

I’m writing this short primer because I get development loan requests for projects on a daily basis from borrowers and other brokers who aren’t well versed on how lenders analyze A&D loan requests.I hope this helps.A land development loan is an advance of funds, secured by a mortgage, to finance the making, installing, or constructing of the improvements necessary to convert raw land into construction-ready building sites.

. 👍🏼 Just to let you know my own experience:  I drove by a property that was for sale for nearly 2 years - raw land, about 2 acres in WA state where I was living. 

Whether or not the transaction will be respected depends on how the LLC is tax...e.g. disregarded entity, partnership, S Corp, etc.It's a valid strategy to sell the raw law to a development entity. 

My basic value adds are 1) You're actually going to understand just WTF you are getting into, 2) Often times I can put deals together that the overwhelming majority of persons in my profession can't, and 3) Transparency -- how many professional real estate investors have seen a raw rate sheet?

One was a raw 2 acre parcel, the other a condo.Both sellers were having a hard time selling their properties, and both owned them free and clear.  

Thanks for any replies to my first post on BiggerPockets.It's been a long time, but I have a team and call center that bears the brunt of calls now of days.Over the 10 years from starting out doing it all myself to now, I have had countless calls due to city sewer lines clogging, and flooding apartment basements with 3-4ft of raw sewerage.I've had calls from tenants complaining about the person above them dropping bowling balls on the floor to piss off the person below them, people partying to much, lots of Friday night drunk fights with the neighbors type stuff... why the hell do they call their landlord vs the cops, IDK...

•Mortgage Loan: Any:•Residential Loan primarily for personal, family, or household use which is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a Dwelling, as defined in s. 103(v) of the federal Truth in Lending Act (TILA), OR for the purchase of residential real estate upon which a dwelling is to be constructed (raw land);•Dwelling (TILA): “a residential structure or mobile home which contains one to four family housing units, or individual units of condominiums or cooperatives.”