"Not So Hard Money" is underwritten by a life insurance company so bare land is familiar territory for "Not So Hard Money" funding. The most difficult part of underwriting a land loan is in establishing the value of the land, especially in times of inactivity and volatility (like present). After over 50 years in the lending business, our underwriters have a proven track record of relative accuracy for valuation over time.
Bare Land loans are very different from Commercial and Residential properties because they have no cash flow and have value only at time of transaction. We've found funding for Bare Land in the form of commercially zoned lots, improved and unimproved residential lots, working ranches and agriculture, idle ranch and agriculture, and even speculator investment.
- Commercially and Industrially Zoned Lots
- Residential Lots
- Investor Purchase