Skip to main content
No. of Recommendations: 0
If you are lending to land developers who take raw land and apply for permission to develop and then if permission is granted they do the improvements before selling on you are really at the risky end for what is not a great added return.

John


true, though if you are lending at a comfortable LTV - the result can be win/win. You win if they perform on the note as promised or you win if they do not perform by owning the land @ a price you've pre-determined to be acceptable for ownership.

11
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.