Results 1 to 7 of 7
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01-23-2020, 01:45 PM #1
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Land loan
Have a merchant that owes land apprised at 195k
Owes 90k and has a balloon payment coming and needs money. Does anyone finance that?
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01-23-2020, 02:08 PM #2
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,924
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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01-23-2020, 02:13 PM #3
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Undeveloped land
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01-23-2020, 08:00 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 726
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01-23-2020, 09:29 PM #5
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
Sorry developed land
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01-23-2020, 09:30 PM #6
- Join Date
- May 2019
- Location
- Miami
- Posts
- 140
https://www.thecanyonstx.com/
Developed land.
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01-27-2020, 03:56 PM #7
- Join Date
- Sep 2015
- Location
- Houston, Texas
- Posts
- 16
If it's in Texas I have a source. Rule of thumb, upper limit on loan is 50% of LTV and usually infill land close to or inside of major metro area.
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