If you own land in Florida there are very few places that will do a Florida land loan, vacant lot, or commercial land deal. Many banks will not consider just raw land deals. We have Florida's largest portal and network of private and hard money investors who are actively looking for your free and clear land deals.
Types of Land Deals we are seeking to fund in Florida:
The typical approvals for a land deal would be 50% to 60% of the appraised value of the land. You must have an appraisal done on all Florida Refinance land hard money loans. The loan is a hard money land loan. Terms and rates vary. No out-of-pocket expense.
You own half an acre to one or two acres and it's free and clear zero mortgage and you have bad credit and you're looking to pull cash out of your real estate. Our investors will base the loan amount purely on the value of your lot. This would be 50% of the value of the lot. This can be anywhere in Florida. The more acres you have the better the loan offer. This is a simple fast closing, usually taking two less or less if your title is clear.
Florida has the largest concentration of waterfront land the panhandle, the west coast and the east coast. If you own Florida waterfront land and you're seeking to pull cash out of your waterfront land that is free and clear. Our hard money land investors will drive and look at your property and then make an offer on what they are interested in approving. The value of the property and demand is what the offer will be based on. Waterfront land today is getting an ultra-premium in Florida. So, chances are, your offer will exceed your expectations. If you own waterfront land in Sarasota, Hollywood, West Palm, Boca Raton, Naples, Ft. Myers, Panama City, or Destin, please call us we would like to hear from you.
If you own a nursery, and you're growing trees or plants, and you own 2 to 5 acres or more, no problem. We certainly can help you. If you own 25, to 50 acres of land in Florida and you are growing crops and it's free and clear. Yes, you can borrow up to 50% of the value of the land. If you own 100 acres to 200 acres free and clear of agriculture in Florida our investors can help you get the cash out for you in 21 days or less. Many oranges, strawberries, blueberries, timber, watermelon and sugar cane and other crops. It doesn't matter. our hard money land specialists will visit your property and do an evaluation to determine how much you can borrow, and this is free. They have hundreds of years of experience in agriculture land deals in Florida.
We get many borrowers who have a lot or two lots in an upscale community that is gated. The value might be $500,000 per lot to $1,000,000 per lot. This is not a problem. We will be able to get you 50% loan-to-value of the value of the property on your Florida gated community lot loan. You need a team of experienced land underwriters and private money investors, who will understand how special your property is. A bank can't offer the specialized service we can. You get the person who will be make the approval to drive to your home, sit down in your living room and talk to you face-to-face about your very special loan request. This makes a big difference when building special relationships that we have with our clients over many years, at least we think so.
A golf course Florida land loan is just that a land loan. Most do not have a super nice clubhouse. If you do, we will consider that in the value. Many golf courses are 15, 20 25 30 acres. We will look at the specialized value, factoring in, the location, demand, homes in the area. Value of the land selling in smaller lot sizes. Care, time, effort, and specialized proposal will be put together it might take a week or more to get the offer. We ideally like the land to be free and clear or just a small mortgage. We cater to many golf courses in Florida. Florida has a large number of golf courses in the nation. You want to get yourself the best shot at getting the most value of your golf course refinance request. Please contact us.
Florida has the largest concentration of mobile home parks in the country. Our hard money investors have closed many mobile home parks that have 10 slots, 20slots, up to 100slots. They have plumbing, electricity, paved roads, and the infrastructure is built up. Some nice ones have an office building, pool area, wash areas, and a nice clubhouse. We know all the special factors that must be evaluated to take into the account the Florida of your mobile home park refinance approval. It typically takes, one to two weeks to put the proposal together and then once you say yes, about another two weeks to get the refinance done.
We get large requests for commercial land, 2 million, 4 million, up to 10 million in free and clear land. Then they are building the roads, and electricity, and need cash to help start the construction of the buildings, maybe apartments, retail space, or stand-alone business. We might set the loan on draws as each phase of the construction is set, our experienced team of hard money investors, have the knowledge, and construction experience, will meet with you and your partners and lay out the loan and draws they expect up to 60% of the value of the land more than 50 loan to value. Great terms and rates.
When you are seeking a Florida commercial land refinance to help get your project and building started, please consider us.
It typically takes two to three weeks to close your land deal. Larger deals will take up to 5 to six weeks. Once an offer is made our team will order title and appraisal on the deal. You will submit your income documents, get your application in, letters of explanation, and meet with the investors as needed. This is an easy, simple, process that we have done hundreds of times. You want to deal with a team of experienced, knowledgeable, who have done this over and over. We want to build trust and make the loan process easy and fast so you have peace of mind your funds will be there when you expect.
