We have a borrower with beautiful Pristine 91 acre parcel in Athens NY 12015 , you can see the parcel on his website( I will provide it if you are interested) He have the property for sale and have several interested buyers . Presently he is seeking a $1.000,000 loan for 2 reasons the 1st $400,000 will pay off his mortgage and give you a 1st position and the balance will be used to continue a subdivision of 9 of the 91 acres into 18 prime building lots with a value of $60,000 to $75,000 each the LTV will be between 16% and 30% . The Property is owned by one of his development companies . Let me know your thoughts when you have time .