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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Eric B.'s profile image
Eric B.'s profile image
Eric B.
  • Contractor
  • from Cleveland, OH
  • Member since Jan 11, 2013
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Eric B.'s profile image
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Eric B.
  • Contractor
  • from Cleveland, OH
  • Member since Jan 11, 2013
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Eric B.
  • Contractor
  • Cleveland, OH
12
Votes |
90
Posts
Private Lending & Conventional Mortgage Advice

Borrowing Against Vacant Land

Eric B.
  • Contractor
  • Cleveland, OH
Posted Aug 11 2022, 10:55

If you own a vacant land via tax deed, is it possible to borrow against the property? If so, how does one go about doing that?

Chicago, Illinois
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Bob Willis
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  • from Curtis, NE
  • Member since Mar 24, 2019
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Bob Willis
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  • Investor
  • from Curtis, NE
  • Member since Mar 24, 2019
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Bob Willis
Pro Member
  • Investor
  • Curtis, NE
135
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222
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Bob Willis
Pro Member
  • Investor
  • Curtis, NE
Replied Aug 15 2022, 12:18

Do you have title, if so just apply for a loan with the property as collateral. If not, you need title. Or is there some nuance I am missing here?

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