How do you get financing on raw land?
I want to purchase a 9 1/2 acre parcel of land for $240,000.00 right now it's in the middle of no where but in about 2 1/2 years it will be up for development.... Any advice on how I can get financing so I can sit on it for that amount of time?
Check out one of these companies. Maybe they can help.
Lot & Land Loans
www.IndymacBank.com Low down payment loans. New lower rates. Live expert help.
Raw land financing
Refinance.Low.com Recalculate
10% down and find a local bank that will handle this type of transaction, most mortgage brokers and secondary lenders wont touch raw land.
PS expects to raise at least Rs16 billion that can be used to improve raw material supply for the mill, which will eventually help in overcoming its financial woes. According to the PS management, its land is worth more than Rs85 billion,
Every year, our old water infrastructure spills 860 million gallons of untreated waste into America’s waterways, including raw or partially treated sewage, bacteria, parasites, synthetic hormones, pharmaceuticals, and agricultural wastes.