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Craig

Funding

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Does anyone have any ideas how to fund a large land purchase? What would I need to do and how much I would need upfront.

 

The property is out of state, is undeveloped and will stay that way. We intend to sell the land at twice what we pay in 1-2 years if that long.

 

Craig

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I'd start by asking a few mortgage people, and see if they can recommend someone who can either fund the deal, or point you in the direction of where you can gather information.

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I'd start by asking a few mortgage people, and see if they can recommend someone who can either fund the deal, or point you in the direction of where you can gather information.

 

I am working with a broker from Kentucky who is looking into this further.

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