All Forum Posts by: Chloe Mariant
Chloe Mariant has started 3 posts and replied 18 times.
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Jay Hinrichs:
Quote from @Chloe Mariant:
Quote from @Jay Hinrichs:
Quote from @Eddie Starr:
Quote from @Chloe Mariant:
Hi all!
Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.
I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?
Thousands of thanks to you all!
6-13%, Interest Only options; Loans from $500,000 to $20,000,000, Up to 50% LTV, Terms from 12 months–36 months; Raw land of +5A may be offered Up to 30 year Fixed Rate, Or up to 10 year Adjustable Rate, and is case by case.
If you haven't anything else, reach out, if this looks useful.
@Chris Seveney Chris have you seen rates like this.. ??? OP just be careful shopping for money do not pay anything up front. Land loans for someone beginning are very very tough to get at the rates suggested I mean I have 40 plus years at this and I could no way get rates like this as I dont beieve they exist in the open market.. thats my personal opinion of course.
Jay would you mind elaborating on this? Rates are higher ( a lot? higher?)? Why is it harder for a beginner to shop for money for land versus another asset?
OK.. you asked here it is:
1. land loans are the toughest to get as lenders see them as higher risk so the borrower has to be very well capitalized and have a lot of cash into the deals. At least a legit lender. Large cash down payment normally 30 to 50% mitigates the newbie risk and or general risk.
2. amount of lenders that do land loans is extremely limited
3. Rates are ALWAYS much higher for land compared to any kind of rates you may see that involve improved property like owner occupied loans or commercial loans.
4. Even for top shelf borrowers I would be shocked if anyone can get 6% amortized over 30 years I have never heard of that and those are owner occ rates not land loan rates.
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Jay Hinrichs:
Quote from @Eddie Starr:
Quote from @Chloe Mariant:
Hi all!
Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.
I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?
Thousands of thanks to you all!
6-13%, Interest Only options; Loans from $500,000 to $20,000,000, Up to 50% LTV, Terms from 12 months–36 months; Raw land of +5A may be offered Up to 30 year Fixed Rate, Or up to 10 year Adjustable Rate, and is case by case.
If you haven't anything else, reach out, if this looks useful.
@Chris Seveney Chris have you seen rates like this.. ??? OP just be careful shopping for money do not pay anything up front. Land loans for someone beginning are very very tough to get at the rates suggested I mean I have 40 plus years at this and I could no way get rates like this as I dont beieve they exist in the open market.. thats my personal opinion of course.
Jay would you mind elaborating on this? Rates are higher ( a lot? higher?)? Why is it harder for a beginner to shop for money for land versus another asset?
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Chris Seveney:
Quote from @Chloe Mariant:
Quote from @Chris Seveney:
Quote from @Chloe Mariant:
Hi all!
Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.
I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?
Thousands of thanks to you all!
Bring on an equity partner
Hello Chris! Thank you for your reply. I currently have very limited connections in real estate. Would you have any tips on how to network and find an equity partner? Would you personally know anyone that I should talk to, VA not being so far from NC haha
Thank you!
I "know a guy" who sent you a PM and would be happy to chat further.
Checking my PMs now :)
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Eddie Starr:
Quote from @Chloe Mariant:
Hi all!
Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.
I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?
Thousands of thanks to you all!
6-13%, Interest Only options; Loans from $500,000 to $20,000,000, Up to 50% LTV, Terms from 12 months–36 months; Raw land of +5A may be offered Up to 30 year Fixed Rate, Or up to 10 year Adjustable Rate, and is case by case.
If you haven't anything else, reach out, if this looks useful.
Eddie I am definitely keeping you in mind for future deals thank you!
Post: Joshua Tree deal analyses
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Charles Cooper:
A lot of people are looking for off the grid STRs.
Hi Charles! This is an old post lol but I'd like to know what you meant by "a lot of people are looking for off-the-grid STRs". Do you mean renters? Sellers? Buyers?
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Chris Seveney:
Quote from @Chloe Mariant:
Hi all!
Property in question is a total of 25acres divided in two tracks for sale. Agricultural land, zoned agricultural/residential. It is perfect for a business I will start in a couple years but not now. Most likely this type of land will be gone gone in this area in two years.
I can not afford this land/finance it via a traditional route so I am looking into alternative ways to finance it. What options do I have? Owner financing? Separating 1acre, assigning it and using the assignment money as a down payment? Can I finance it as an investment if cash flow is positive while rented to a farmer for a couple years? What else am I not thinking about here?
Thousands of thanks to you all!
Bring on an equity partner
Hello Chris! Thank you for your reply. I currently have very limited connections in real estate. Would you have any tips on how to network and find an equity partner? Would you personally know anyone that I should talk to, VA not being so far from NC haha
Thank you!
Post: New in RE - starting investing in France early 2026 followed by US
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Syed Ahmed:
Welcome It sounds like you have a clear plan and a lot of ambition starting in France and later moving back to NC Wholesaling or flipping is a great way to learn the market and build experience I work with a lending company and often see how beginners connect with local partners and mentors to get deals moving Feel free to connect if you want to trade more ideas
I appreciate the encouragement! Sending you mp !
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Mike Grudzien:
Can't help, but wish you good luck.
Save up a down payment: reach out to friends and family.
Thank you Mike!
Post: How to finance 25acres of undeveloped land
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
Quote from @Tom S.:
@Chloe Mariant Seller financing for raw land is usually one of the better options. Otherwise look to local banks and credit unions that know the land and area well. Expect to put down a high downpayment for financing through banks, probably in the 30-50% range down.
Good luck!
Post: Beyond Wall Street: Unlocking the Power of Alternative Investments
- New to Real Estate
- North Carolina, USA
- Posts 18
- Votes 4
I am sorry to hear about the technical difficulties... I will most definitely sign up for the events to come! Thank you