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08-24-2017, 01:44 PM #1
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
I can fund on raw land. In fact, I have a raw land deal on its way to closing for $15MM.
BUT...the raw land needs to be revenue producing. The deal above I just described is growing soybeans. Not a structure in place...but the revenue is there.
I can sometimes fund against raw land if you have an experienced contractor and he is in the process of building it out to sell/rent.
Raw land is definitely tough...but there are ways to get it done if it can be supported by revenue.
The dry, dusty land in the middle of nowhere with no associated revenue is not going to fund, however.
Feel free to reach out and discuss.
Best,
Dan Page
Direct: (303) 938-8280
dan@boulderequitypartners.com
www.BoulderEquityPartners.com
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