100k short term note backed by 120k lot

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100k short term note backed by 120k lot

Rental Property Investor · Cleveland · Member since 2025 · 21 posts · 13 votes

Looking to raise $100,000 on a short-term, land-backed note.

We’re acquiring a duplex plus a separate buildable parcel. The parcel is being acquired for $1 and is worth approximately $120,000.

Offering $120,000 payback within 3–6 months. Funds will be used for the duplex down payment and renovation.

Loan is secured by the vacant parcel. Exit is a sale of the lot to a development partnership planning townhomes.

Happy to share comps, title, and details via DM.

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