I am in need of $150,000 for the purchase of a piece of raw land to finalize an apartment complex development. I have been around and around with the banks with no luck. Nobody will loan for raw land. Everything else is funded and in place with the land. I cannot afford to purchase the land outright.
Where would I look for a private investor to bring into the deal? I would pay a premium return on investment. I do not know anything about finding investors, or possibly hard money lenders? This is the only time I have had banks do this to me.
I hope this isn't against the rules. I am not soliciting. I am just posting my problem and looking for a solution.
Thank you
Where would I look for a private investor to bring into the deal? I would pay a premium return on investment. I do not know anything about finding investors, or possibly hard money lenders? This is the only time I have had banks do this to me.
I hope this isn't against the rules. I am not soliciting. I am just posting my problem and looking for a solution.
Thank you
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