~$150K to $500K in equity per deal preferred, nothing below $50K.
(Size of deal can exceed $500K, ideally with an option to finance from the seller, though not required).
For sub-$100K purchase price deals, start at 30/70 splits (70 in favor of you, as the land investor).
50/50 splits above $100K purchase price, custom terms for larger subdivides or purchase prices above ~$300K.
We typically pay 100% of capital required, take title, and split profits at disposition.
For transactional funding: 2% financing fee, or a minimum $2000 fee, whichever is higher.
For entitlement deals: Each situation is different, but they’re typically structured in an operational loan capacity, where we will require a percentage fee to be paid on top of our principal, with the percentage changing depending on total capital required, length of the term, and inherent risk of the deal. Generally, we’ll look for a ~25-100% fee on top of principal depending on those factors.
Our company is self-funded with management equity for all deals, outside of capital-intensive minor subdivide deals. For all but the largest deals, we don’t have lenders we are waiting on to assist with deal funding, and we don’t have to wait for capital from third parties. This gives land investors peace of mind because we can close deals when we say we can. We make our own funding decisions and that’s how we can move quickly and reliably.
We’re a team with 20+ combined years of real estate investment experience, several of which focused exclusively on land. Serving as the primary client point of contact, co-founder and asset manager, Chris, is backed by more capital access than the rest of the land funding industry combined, and a legal team capable of navigating real estate at its most complex.
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Chris hosts a zero-cost live Land Daily Diligence session every Monday and Thursday. Get your deal reviewed live with world-class underwriting, with recordings available immediately after, whether you are seeking funding or not.
Chris was featured on Jessey Kwong’s Land Investing Business Secrets Podcast – Is This the Way To Build a Life-Changing Business?
Catch Chris on Jessey Kwong’s Land Investing Business Secrets Podcast – Buyer’s Market: How Deals Still Sell
Check out Chris’ interview with Seth Williams on RETipster
Learn about Chris’s feature on Land Fixer Podcast Interview with Logan Swanson about Land Due Diligence
Discover Chris on the OnlyLandFans Lender Roundtable Discussion
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