Looking for some direction on Raw Land lender or hard money lenders who do land loans in Florida. My connections always seem to be thin when it comes to raw land in other states. Anyone know?

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Steve Snyder, 310-948-8585 |100% LTV | Stated | Private Money (Private-Money-Loan.com)

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Rainmaker
682,505

CA COASTAL ESTATES Lauren Selinsky Perez CRS

California Coastal Estates - Aliso Viejo, CA

"Your Real Estate Broker" #oclauren

My developer friend said he has used, AGAmerica Lending. Their number is: 844.516.8176 in Florida. They got a bridge loan in his case. ;0

Much success to you.

Jul 09, 2016 10:46 AM

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2

Raj Taj

Lake Bluff, IL
Pete Xavier

Pacific Palisades, CA

Rainmaker
2,221,377

Anthony Acosta - ALLATLANTAcondos.com

Harry Norman, REALTORS® - Atlanta, GA

Associate Broker

Great questions, I am reading great answers.

Jul 10, 2016 12:05 AM

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Anthony Acosta - ALLAT...

Atlanta, GA

Rainmaker
7,863,184

Roy Kelley

Retired - Gaithersburg, MD

Good luck with your search. Hard money lenders tend to perfer improved properties that can be quickly sold.

Jul 09, 2016 09:46 PM

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1

Jennifer Mackay

Panama City, FL

Rainmaker
3,416,038

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

Hard money should only be used for quick puchases and re-sales. With land to buy, build and sell.

Jul 10, 2016 11:00 PM

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Rainmaker
4,434,177

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not know.

Jul 10, 2016 09:30 PM

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Rainmaker
4,800,132

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

I have the same problem.

Jul 10, 2016 02:42 AM

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Rainmaker
4,582,184

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

You may want to contact Joe Petrowsky --- he does mortgages in Florida and if he can't help you, he likely will know someone who can. He has incredible connections and very willing to help.

Jul 10, 2016 01:19 AM

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Rainmaker
5,583,328

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

a list of hard money guys is worth a bundle.... I have fix and flip peeps who use them.... small builders who use them because they're not financable after they crashed.... etc....

Jul 09, 2016 11:53 PM

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Rainmaker
5,027,077

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

Interesting question and am learning something from the comments. Not in FL but good information given.

Jul 09, 2016 11:24 PM

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Ambassador
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John DL Arendsen

CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA

Crest Backyard Homes "ADU" dealer & RE Developer

Raw land lenders are difficult to come by cheaply. At least in Cali. Unless you've got deep pockets and years of experience in developing looking for $$$ can be like pulling hens teeth.

Jul 09, 2016 11:16 PM

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Rainmaker
991,252

Jennifer Mackay

Counts Real Estate Group, Inc. - Panama City, FL

Your Bay County Florida Realtor 850.774.6582

Parking to read

Jul 09, 2016 10:13 PM

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Rainmaker
823,679

Susan Laxson CRS

Palm Properties - La Quinta, CA

Realtor in San Diego, CA & Naples, FL

This question is exactly what makes Q & A so valuable to many of us! Sorry, I can't help with the answer but will ask my associates.

Jul 09, 2016 09:45 PM

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Rainmaker
2,375,694

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

I love the information that you can get on Active Rain!

Jul 09, 2016 08:22 PM

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Rainmaker
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William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

Try some of the smaller local banks and credit unions

Jul 09, 2016 02:24 PM

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Rainmaker
2,224,473

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

You have come to the right place to ask your question. I have a private money lender and his funds may not be limited to Colorado.

Jul 09, 2016 01:37 PM

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Rainmaker
2,443,250

Evelyn Johnston

Friends & Neighbors Real Estate - Elkhart, IN

The People You Know, Like and Trust!

I know lmy lender does land loans but the down payment is huge. Don't know if they do Florida.

Jul 09, 2016 12:13 PM

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Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Looks like you have some good answers here Steve, though I have purchased a lot of raw land most of it was with private investors.

Jul 09, 2016 11:40 AM

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Ambassador
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Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

First Commerce Credit Union. Max 40 acres.

They have in-house underwriting here in Tallahassee.

Jul 09, 2016 11:31 AM

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Rainmaker
913,468

Jeff Pearl

RE/MAX Distinctive / LIC in VA - Lovettsville, VA

Full Service Full Time Realtor

Maybe? http://farmcreditfl.com/loans/home-loans.aspx

Jul 09, 2016 11:07 AM

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Rainer
231,224

Mike Rock

Complete Design - Granite Bay, CA

Granite Bay Luxury New Construction...For Less

i dont, but it is always difficult on raw land. and if you mean raw as in utilities not on property, it will be a stretch for 50% of value..and value isnt always even close to where the owner thinks it should be

Jul 09, 2016 10:44 AM

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Rainmaker
1,231,853

Mary Yonkers

Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA

Erie/PA Real Estate Instructor

No idea about Florida. In western PA we contact AgChoice. However, it is 20% down with 20 yr loan.

Jul 09, 2016 10:43 AM

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My developer friend said he has used, AGAmerica Lending. Their number is: 844.516.8176 in Florida. They got a bridge loan in his case. ;0

Much success to you.
Good luck with your search. Hard money lenders tend to perfer improved properties that can be quickly sold.
Hard money should only be used for quick puchases and re-sales. With land to buy, build and sell.
You may want to contact Joe Petrowsky --- he does mortgages in Florida and if he can't help you, he likely will know someone who can. He has incredible connections and very willing to help.
a list of hard money guys is worth a bundle.... I have fix and flip peeps who use them.... small builders who use them because they're not financable after they crashed.... etc....
Interesting question and am learning something from the comments. Not in FL but good information given.
Raw land lenders are difficult to come by cheaply. At least in Cali. Unless you've got deep pockets and years of experience in developing looking for $$$ can be like pulling hens teeth.
This question is exactly what makes Q & A so valuable to many of us! Sorry, I can't help with the answer but will ask my associates.
You have come to the right place to ask your question. I have a private money lender and his funds may not be limited to Colorado.
I know lmy lender does land loans but the down payment is huge. Don't know if they do Florida.
Looks like you have some good answers here Steve, though I have purchased a lot of raw land most of it was with private investors.
First Commerce Credit Union. Max 40 acres.

They have in-house underwriting here in Tallahassee.
i dont, but it is always difficult on raw land. and if you mean raw as in utilities not on property, it will be a stretch for 50% of value..and value isnt always even close to where the owner thinks it should be
No idea about Florida. In western PA we contact AgChoice. However, it is 20% down with 20 yr loan.