Acquisition & Development Financing
If you are like most people, when you begin thinking about investing in real estate, you think of purchasing a home or commercial building you will rent out to someone or flip to sell for a higher price down the road. However, this is not the only real estate investing you can do.
The fact is, purchasing land and then developing it is something that a business can use to make money in the real estate industry. In some cases, this is going to require some type of land development loan. This loan is secured by a mortgage to develop empty lots of land into something that can be used by a company for all types of purposes.