Financing Land in Eastern Texas for future STR
I am looking at some land in Eastern Texas that I plan to put either a cabin, tiny home or a cargo home to be mainly used for an STR. I have never purchased land before and am not aware of how financing works? With some quick google searches, it looks like I may be able to finance land, but it looks like a hefty down payment is required. Any advice from others who have done something like this before?
I am assuming that if I put a cabin on the property, I may be able to get a different type of loan, but if I go the tiny home or cargo home rout, there may not be any financing options?
Has anyone ever bought property for the purpose of putting cabins or tiny homes used mainly for STRs?