Texas real estate is holding steady compared to most of the US. We like commercial land deals in and around our major metro areas and in path of growth. if you are refinancing , understanding when you purchased and for how much is the first step in evaluating risk and value. Some areas land has depreciated. Also, private lenders would prefer the sponsor keep some equity /cash in the deal.
If you want someone to look at your land, please provide short and concise loan request, detailed location map and explanation of zoning and entitlements.
www.texaslandfunds.com
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As a California Hard Money Lenders Expert I must agree with you that first step should be evaluating the risk and value ,then further proceeding the things...Great post...
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