Yes, I love making loans against LAND. Here are some of my guidelines:
- I will CONSIDER loans anywhere .
- Loans from $100,000 to $500,000
- ANY kind of land including recreational land, residential lots in established subdivisions and small land developments and ???
- Up to 50% loan to value.
- 5 year term with monthly interest only payments, possible
- Rates: Usually 10.00% with a 5.00% loan origination fee.
- NO prepayment penalty.
- Business purpose ONLY.
- Please E-MAIL me at firstname.lastname@example.org ( I’m not getting any younger and I function much better in writing than over the phone) with a brief description of your land and how much you are looking to borrow and such. I promise to respond within 48 hours.