Here’s How To Buy Investment Land From Florida Land Shop With Owner Financing
Do you want to buy more FL land for your investment portfolio?
Have you tapped out your funding sources but still want to increase your land holdings?
Do you have less-than-perfect credit but still want to invest?
Here are your options, including one option that you may not be aware of…
How To Invest In FL Land On A Budget
There are many ways to buy land investment properties. This variety of funding helps investors build their investment portfolio while accessing all sources available to them, or using leverage:
- Some investors use their own cash
- Some investors use traditional bank financing
- Some investors work with private money lenders
All three of these ways are popular ways to fund an investment.
But there’s another way to buy land that you may not be aware of: by using land owner financing.
What Is Land Owner Financing?
Land owner financing is when the owner of the land finances the purchase of the land themselves. The owner acts just like a bank, giving you the land in exchange for receiving regular payments for the land until it is paid in full. Typically, the land itself is the collateral.
Think of it just like getting a mortgage from the bank, but without all the hassle and paperwork and credit checks and pre-approval.
Investors like owner financing because it allows them to invest in more property even if they don’t have the full amount of money available.
Land Owner Financing: How Does It Work Here At Florida Land Shop?
When you buy land from us, many of our properties have land owner financing available, so if this is something that interests you, just reach out and let us know.
We’ll complete the purchase as normal and we’ll still require an earnest money deposit. However, instead of the full payment due upon closing, we’ll set up a payment plan that includes the principal plus interest, as well as the term of the loan.
The land investment is the collateral itself, so we can do this for you without banks or credit checks.
There is no penalty for early payment of the land.
Call Us Now at 323-828-7055 to discuss the type of land you’re looking for.
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