Need high LTV for cash out of vacant land - Does 70% exist?

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  • Lender · Chicago, IL · Member since 2021 · 424 posts · 145 votes
    1y

    If you get the construction funds in that new loan this shouldn't be that tough. But if you just want another note without construction, that leverage is pretty high.

  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    1y

    Yes, if the horizontal and vertical are part of the refinance loan.

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