Looking for a hard money lender for land

Gatlinburg/Pigeon Forge, Tennessee
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Looking for a hard money lender for land

Rodney Thompson
Investor · Rushford, MN · Member since 2018 · 20 posts · 10 votes

I am looking for a lender for a short, hard-money loan for land. I have two parcels under contract that I need some temporary funding to complete the deal. Do you have anyone you have used that you can recommend?

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  • Jason Taken
    Lender · Chicago, IL · Member since 2021 · 424 posts · 145 votes
    1y

    What loan size?

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  • Mary Ainsworth
    Lender · San Diego, CA · Member since 2022 · 235 posts · 94 votes
    1y
    Quote from @Rodney Thompson:

    I am looking for a lender for a short, hard-money loan for land. I have two parcels under contract that I need some temporary funding to complete the deal. Do you have anyone you have used that you can recommend?


    Hi Rodney, I'm a HML and we sometimes lend on land, I'll message you for details but bridge loans are usually 9-12% rate, 1 point, and 70-90% of purchase price funded

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