I have one LTR that I do plan to leverage to purchase my next property, but I am really looking to find hard money lenders/investors to help fund future deals.

My questions are, how does one go about finding out if this land is developable?

Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.  

How did you find this deal and how did you negotiate it?

This is going to be a very tough scenario, I suggest you stop putting money into this deal until you get things sorted on the financing side.I would also be very careful with and sketical about any offers for 100% financing... it will not happen, they are lying 99.99999999999999% of the time.The only realistic way would be for you to find a private investor to come up with the down payment for the mortgage but a down payment will be needed.90% LTC is theoretically possible through a flip loan but in order to reach that level you would need to have a lot of completed projects under your belt over 2 years.20% is possible but with 25% you would have a lot more options.That is part of the issue with this transaction...The other issue is with HOW MANY loans you are seeking...This is not 1 loan because this is not 1 deal...You need 3 loans because you are doing 3 separate transactions at the same time with the same seller.Blanket loans do exist but they are not widely available.Each folio number is a separate deal...

You could bring an equity partner in or find a gator lender which is super high interest but your best bet is to save up

I'm also hoping to find something that is ideally under market value that needs cosmetic upgrading so there is some value add.

We would have to take the time to look up on the system and find out, then call them back. 

Hello everyone, I need help with getting a good deal.I am a new in Real estate investment and working on my first investment property.I have educated myself by reading many books from Biggerpockets and I have watched ...

I think this could play into a strength in terms prospecting and finding deals.