Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

20
Posts
3
Votes
Travis Richardson
  • Rental Property Investor
  • Cedar Rapids, IA
3
Votes |
20
Posts

Out-of-state land purchase

Travis Richardson
  • Rental Property Investor
  • Cedar Rapids, IA
Posted

My girlfriend and I are looking at buying land out-of-state within 1-2 weeks.  We are having trouble understanding what institution is ideal for getting a loan, securing pre-approval, etc.  

We were given a rate from one bank at 6.5%, and some other unfavorable terms (according to our local real estate agent friend and his connected lenders).

Does anyone know of the best way to get a loan for land that is out-of-state?  

I'd love to hook up with a lender someone trusts and likes, because we are literally looking to buy land with 1-2 weeks.

Loading replies...