Financing Options For Buying Land

[Josh Gosnell]

Hi Everyone,

I've done a few single family projects and had no problem with financing.  I recently came across an opportunity to buy 6 plots of land where i would build homes. The financing for the build i have covered by i only have 200 of the 800k needed for the land. 

Wondering if any developers/investors out there have some helpful insight on creative ways to raise the cash to buy the land.

Thanks!

[Jay Hinrichs]

ps lenders are going to want the dirt Free and clear unless your a premier borrower with a ton of cash reserves.