However, he would not be financially tied to the property. 

Hello Everyone,My name is Steve Oswald.  My wife Kasie and I have been investing in real estate since 2009.  Of course like many we started with a single family because it seemed to be the "safe" option.  Since, we've...

The presentable model along with a team of experts (like a broker) also makes your business more financially appealing to investors.

This site has been a financial life saver for me and a lot of it has to do with direct mail.

Great work, and I'm sure that you will rapidly move towards financial freedom with all this in place!

We would like to lock it up before this happens.Question:What kind of financial option do we have? 

I've been a silent lurker for quite some time now, as I got myself together financially.  

They don't, financially, need to sell this land. 

- conclusion (my opinion only), a pretty generic deal with a young sponsor and middling to less than average financials (fees and waterfall)I think you could find better deals on Crowdstreet or Realcrowd.   

If you did this and either held it for a year (I️ believe that is the standard, but I️ would confirm with the banking institutions you want to go with), you could then refinance, pay off your land contract and pull cash out if appraisal came back higher.Your original thought process is correct in that a bank wants the 20% (I’ve seen closer to 25-30% on commercial loans until you build relationship) to protect themselves from fluctuations in value, but they also want skin in the game.Good luck,Roger