How to finance 25acres of undeveloped land

[Chloe Mariant]

Hi all!

Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.

I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?

Thousands of thanks to you all!

[Tom S.]

@Chloe Mariant Seller financing for raw land is usually one of the better options.  Otherwise look to local banks and credit unions that know the land and area well.  Expect to put down a high downpayment for financing through banks, probably in the 30-50% range down.

Good luck!