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My developer friend said he has used, AGAmerica Lending. Their number is: 844.516.8176 in Florida. They got a bridge loan in his case. ;0
Much success to you.
Lake Bluff, IL
Pacific Palisades, CA
Great questions, I am reading great answers.
Anthony Acosta - ALLAT...
Good luck with your search. Hard money lenders tend to perfer improved properties that can be quickly sold.
Panama City, FL
Hard money should only be used for quick puchases and re-sales. With land to buy, build and sell.
I do not know.
I have the same problem.
You may want to contact Joe Petrowsky --- he does mortgages in Florida and if he can't help you, he likely will know someone who can. He has incredible connections and very willing to help.
a list of hard money guys is worth a bundle.... I have fix and flip peeps who use them.... small builders who use them because they're not financable after they crashed.... etc....
Interesting question and am learning something from the comments. Not in FL but good information given.
Raw land lenders are difficult to come by cheaply. At least in Cali. Unless you've got deep pockets and years of experience in developing looking for $$$ can be like pulling hens teeth.
Parking to read
This question is exactly what makes Q & A so valuable to many of us! Sorry, I can't help with the answer but will ask my associates.
I love the information that you can get on Active Rain!
Try some of the smaller local banks and credit unions
You have come to the right place to ask your question. I have a private money lender and his funds may not be limited to Colorado.
I know lmy lender does land loans but the down payment is huge. Don't know if they do Florida.
Looks like you have some good answers here Steve, though I have purchased a lot of raw land most of it was with private investors.
First Commerce Credit Union. Max 40 acres.
They have in-house underwriting here in Tallahassee.
i dont, but it is always difficult on raw land. and if you mean raw as in utilities not on property, it will be a stretch for 50% of value..and value isnt always even close to where the owner thinks it should be
No idea about Florida. In western PA we contact AgChoice. However, it is 20% down with 20 yr loan.