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Thread: Land finance

  1. #1
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    Default Land finance

    Will anyone do 10% down?


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  2. #2
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    Jun 2010
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    private money lenders- you gonna pay $$$

  3. #3
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    We recently spoke with Palmetto Citizens about the same thing. They would do 10%. Interest rate was higher than 20% down.

  4. #4
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    No. 11 or die.

  5. #5
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    Mar 2002
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    Lexington County
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    Have you spoken with AgSouth?


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  6. #6
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    Quote Originally Posted by Johnny Reb View Post
    Have you spoken with AgSouth?


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    I think they do 15% from what I just read


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  7. #7
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    Your first call should be To Paul Taylor- cajunwannabe

  8. #8
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    Quote Originally Posted by PalmettoTrooper View Post
    Your first call should be To Paul Taylor- cajunwannabe
    He finances?


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  9. #9
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    Oct 2015
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    You want to build a house or just buy acreage?

  10. #10
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    Quote Originally Posted by Remy View Post
    You want to build a house or just buy acreage?
    Will eventually build


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  11. #11
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    Quote Originally Posted by b35w View Post
    Will eventually build


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    10-4. My bank has a construction loan where you can do 10% but we don’t have anything for just land.

  12. #12
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    I know a fella. Just sayin
    Gettin old is for pussies! AND MY NEW TRUE people say like Capt. Tom >>>>>>>>>/
    "Wow, often imitated but never duplicated. No one can do it like the master. My hat is off to you DRDUCK!"

  13. #13
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    Quote Originally Posted by Remy View Post
    10-4. My bank has a construction loan where you can do 10% but we don’t have anything for just land.
    How do they act when the borrower is also the builder (licensed)..?

  14. #14
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    Do you own any other tracts or farm equipment? You may be able to colleralize that in addition to down payment with the Ag bank to make up the 5% difference.

  15. #15
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    Quote Originally Posted by Slaya View Post
    Do you own any other tracts or farm equipment? You may be able to colleralize that in addition to down payment with the Ag bank to make up the 5% difference.
    Negative. I have some good equity in my house. May look at a HELOC if I have to.


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  16. #16
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    Quote Originally Posted by Remy View Post
    10-4. My bank has a construction loan where you can do 10% but we don’t have anything for just land.
    Mine neither. I think Bad Habbit is right on this.
    Last edited by Moonlight Hunter; 06-14-2019 at 08:34 PM.

  17. #17
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    Quote Originally Posted by b35w View Post
    He finances?


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    No, but he owns Land and lake realty specializing in big tracts of land and knows everyone in the business.
    Bank pays .5-2% on a savings account or investment.
    Personal loan or land finance pays 4-10% on the same money sitting in the bank. Find a wealthy person to finance it for ya.

  18. #18
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    I will say it one more time Bobby, I know a person
    Gettin old is for pussies! AND MY NEW TRUE people say like Capt. Tom >>>>>>>>>/
    "Wow, often imitated but never duplicated. No one can do it like the master. My hat is off to you DRDUCK!"

  19. #19
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    Nov 2012
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    Try anderson brothers bank

  20. #20
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    Quote Originally Posted by PalmettoTrooper View Post
    No, but he owns Land and lake realty specializing in big tracts of land and knows everyone in the business.
    Bank pays .5-2% on a savings account or investment.
    Personal loan or land finance pays 4-10% on the same money sitting in the bank. Find a wealthy person to finance it for ya.
    You don’t happen to know one of these said people do you? Maybe one with 800,000.00 to a mil laying around burning a hole in their pocket?
    More fuel = more boost!!

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