Lending on Commericial Land
So I'm wanting to develop an apartment building. I want to buy the land first and hold it for 6 - 12 months initially. Do banks still lend to land in situations where it won't be built on for a year?
So I'm wanting to develop an apartment building. I want to buy the land first and hold it for 6 - 12 months initially. Do banks still lend to land in situations where it won't be built on for a year?