Smartest way to finance a Lot?

Member since 2021 · 6 posts · 4 votes

Assuming you can't pay most of it in cash - what's the smartest way to finance a lot to build on?

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Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes

Smartest way. Convince owner to finance it.

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Collin HaysBusiness Member
Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
4y
Your local banker should have some good advice.
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John UnderwoodPro Member
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
4y
Smartest way. Convince owner to finance it.
4 Reply
Jason Shackleton
Investor · Ontario · Member since 2015 · 486 posts · 250 votes
4y
@Marco Manomat I agree with @John Underwood seller financing is likley your best bet. It is common for land to be owned free and clear so seller financing happens all the time. It is also hard to get bank financing for land.
All the best
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