Hard Money and Private Money Land Loans:

Hard Money Land Loans are some of the hardest loans to acquire unless you are prepared.

Land comes in many different forms, from Raw Land to Developed Land. From a single lot to a subdivision. If your land is surrounded by houses or commercial buildings you will find a lender much easier. This will give the Hard Money Land lender a good feeling about the value of the property.

Location, Location, Location. Land is harder to value depending on its location and comes with the greatest amount of risk to the lender. Hard Money Land lenders typically do not exceed 30%-50% LTV unless the land is very desirably located or you have other properties to cross collateralize.

We suggest finding a lender close to your land who understands the geography and sees the potential in the investment. Having recent sales available to the Hard Money Land Lender will help your situation.

http://www.hardmoneyhunt.com