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Hello,
I'm at some point looking to purchase vacant remote land, but I
understand that it's highly unlikely that I'll get much help from a
bank seeing as though there will not be any structures on the land,
making collateral a problem. I believe what I'll have to do is
purchase the land from the owner or go through some other private
lender. Is there anyone out there that has had some experience
purchasing vancant land via a private lender or from the owner? I'm
trying to identify any potential pitfalls that I might encounter along
the way. As well, if some one could recommend any good books about this
kind of thing (i.e. developing remote land, lenders, etc).
Thanks in advance!!
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Private Lender
