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Ambassador
6,393,404
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I would suggest a small local bank that will lend as a business loan rather than a conventional mortgage.

 

May 15, 2016 11:17 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is a tough time for land loans.  My best luck has been with local banks that know the area.  Failing that, you will need to find a hard money lender and be willing to pay higher interest rates.

May 16, 2016 03:40 AM
Rainmaker
1,052,211
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

See if seller will carry short-term for a few years.

May 16, 2016 12:55 AM
Ambassador
2,178,603
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Not sure if it would qualify for an SBA loan, but might be worth checking out. 

May 15, 2016 11:20 PM
Rainer
1,490
Boris Dorfman
LBC Capital Income Fund - West Los Angeles, CA
Private Lender Direct Hard Money Loans

Try http://privatelenderlink.com/ or Scottsman guide.

May 21, 2016 11:26 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Rose Mary Justice - many times a credit union or local financial institution can be little more helpful.

May 16, 2016 03:25 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Try a small local lender

May 16, 2016 01:16 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Local banks will often do this type loan but will want some collateral to go over the 70-75% LTV. There will have to be a downpayment. How about finding someone to partner with?

May 16, 2016 12:27 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Check zoning first to make sure they will allow campground. Maybe Farm Credit ? BBT ? Sun Trust? A newer one in this area you might want to check out is

John Yannetti

NMLS#461904

Mortgage Loan Officer - Citizens One Home Loans

3120 Fairview Park Drive

Suite 220

Falls Church, VA 22042

Office: 703-245-3461

Cell: 703-623-4100

Efax: 1-877-864-2981

Email: john.yannetti@citizensone.com

https://www.charteronelo.com/JYannetti/default.asp

 

May 16, 2016 04:10 AM
Rainmaker
2,241,053
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The best lender can be the property owner of the land. Banks are not so cranked on land loans because unlike house loans, they don't package them up and resell on the secondary mortgage market.

May 16, 2016 03:38 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'm sure a mortgage officer will chime in here.... down payment might be available from another source.... 

May 16, 2016 12:26 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

May 15, 2016 11:09 PM