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11-11-2015, 12:03 PM #1
Reputation points: 7360
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
I do a reasonable number of raw land deals through a Commercial RE colleague, but raw land deals are by far the most difficult. :-( LTV is typically lower, fees/points are higher. It will likely be tough to get 9%. Where is the land, what does his credit look like and does he have a recent appraisal?
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