Ways to Use Raw Land Equity

[Travis Bobo]

Hey BP,

My wife and I are still looking for our first deal. We own a piece of raw land free and clear that should be worth $70-75k. It is 21.5 acres in a very rural community. Selling it is not an option. (family) Is there a way that we can leverage that equity? Is there a such thing an equity line on raw land? We were just brainstorming about ways to be able to do a cash purchase on an investment property and maybe get a better deal by being able to close quickly. We could then apply the BRRRR method. We already have an equity line on our current home.

Any good ideas?