Private Money Land Loans
We seem to have touched a nerve with our raw land loan product. It is very popular with our client base, and it is easy to understand why. First of all, the
banks pretty much stay away from raw land. There is no way to process raw land loans with an assembly line approach to lending. The only way to evaluate a
raw land loan is to put on your boots, roll up your sleeves, and prepare to get a bit dirty. It is also necessary to review stacks of documentation, have
conversations with city and county governmental authorities, and to make decisions based on an assessment of various probabilities with the understanding
that there are no certainties when it comes to raw land development.
A Guide To Land Banking
Land banking is a relatively new investment concept that allows smaller investors to own a piece of valuable land.
How does land banking work?
When large parcels of land are put up for sale, they are usually far too expensive for a single small investor. Land that’s in a good place for residential or business development is usually either bought by a land investment company or by a property developer. The owner then “banks” or holds onto the land until they are ready to…