You can then use Transactional Funding if you choose, otherwise if you planned to buy the land then sell it later, you'd have to get a different loan type, which inevitably will cost you more plus longer hold time and greater costs over the double close and certainly over an assignment of contract.

If you bank at a retail bank it's likely that you could pull a cashier's check to provide  certified funds.As to the wisdom of using other people's money (that you are solely responsible for) you'd better be comfortable with repayment even if things don't work out as planned.

I am planning on being married in the next year and a half and my partner and I are currently saving up money so that we can start investing in real estate, we are targeting fall of next year to start and should be able to have $80,000-$85,000 to invest.

As I plan on spending some time there in short spurts with the family throughout the year as well.

Are you planning to buy in LA, or in some other market?

You would benefit to consult with a corporate attorney and CPA in your area before making a decision and to come up with your plan.

I am brand new to not only investing in real-estate but also to trying to become financially independent.

Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth.

Backup plan is to maybe call a couple of the cost seg companies here and ask one of their analyst.

Colleagues I know in the industry would only do this for their most experienced and financially capable clients.