Results 1 to 6 of 6
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01-21-2025, 02:28 PM #1
Reputation points: 13
- Join Date
- Mar 2020
- Location
- New York
- Posts
- 16
Hard money loan, Raw land
Are there any lenders that will do a hard money loan on raw land in a rural area? I have a recent appraisal. Debt to value is low.
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01-21-2025, 03:09 PM #2
Reputation points: 19113
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 745
State?
It all depends on location , use of funds, entitlement status, exit plan and other details
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01-21-2025, 03:24 PM #3
Reputation points: 13
- Join Date
- Mar 2020
- Location
- New York
- Posts
- 16
State is Arizona, rural location by interstate. Pm for more info
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01-21-2025, 06:11 PM #4
I have one guy that might.....need an exit strategy and it should be close to population even if rural.
Get me this....mimimum loan amount $150,000 - remember it is 30% - 50% LTV.
Is it shovel ready for development by chance?
Borrower:
Property Address:
Property Type: land
Loan Type: REFINANCE
Loan amount Requested:
If Refinance - Purchase Price / Purchase Date / Mortgage Balance
Purchase Price / Market Value:
LTV Requested:
ARV Requested:
Credit:
Experience:
Property Details:Steve Benjamin
Professional Business Loans
522 Contessa
Irvine, CA 92620
steveprobiz@gmail.com
https://probizloans.net/
Broker, Underwriter, general business loan expert
949.228.1050
@ 24 hour funding working capital loans
@ Term loans from 3 years to 10 years at 9.5% and up
@ Equipment financing up to 7 years
@ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
@ SBA loans - 7A and 504.
@ Private money equity and debt for major investments
@ Personal Loans up to gross income from personal tax return.
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01-21-2025, 09:17 PM #5
Reputation points: 19113
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 745
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02-02-2025, 04:00 AM #6
Reputation points: 10
- Join Date
- Sep 2022
- Location
- Lakewood, NJ
- Posts
- 57
Yes. I think it's like 12+3
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