Private Lending

User Stats

29
Posts
3
Votes
Arthur Barnes
  • General Contractor
  • raleigh, NC
3
Votes |
29
Posts

Land loan needed near raleigh nc

Arthur Barnes
  • General Contractor
  • raleigh, NC
Posted Nov 12 2022, 11:00

Anyone doing land loans? Need a 50% LTV on acreage near raleigh.

User Stats

1,110
Posts
332
Votes
Erik Estrada
  • Lender
332
Votes |
1,110
Posts
Erik Estrada
  • Lender
Replied Nov 13 2022, 12:22

What's the purchase price of the land? 

User Stats

29
Posts
3
Votes
Arthur Barnes
  • General Contractor
  • raleigh, NC
3
Votes |
29
Posts
Arthur Barnes
  • General Contractor
  • raleigh, NC
Replied Nov 14 2022, 15:19

Land cost 240k. It’s free and clear. We need a loan on it .

User Stats

1,110
Posts
332
Votes
Erik Estrada
  • Lender
332
Votes |
1,110
Posts
Erik Estrada
  • Lender
Replied Nov 14 2022, 15:20
Quote from @Arthur Barnes:

Land cost 240k. It’s free and clear. We need a loan on it .


 Possible. Just PM'd