Raw Land Financing - Posted by Mike Simon

import · August 22, 2005, 2:32pm

Posted by Mortgage planner on August 23, 2005 at 22:09:48:

Hi Mike
I tried to email you with more information to help you out with financing but it didn’t go through. What is your email address? Email me and I would love to help you out.

import · August 22, 2005, 2:32pm

Posted by Mike Simon on August 22, 2005 at 14:32:46:

I’m looking to finance 205 acres of raw land in Ventura County CA (adjoining Camarillo). The land will be developed into agricultural ground (already has proper zoning).

Purchase price 3.8MM.
Seller will carry up to 1.29MM

Looking for 55%-65% LTV on a first lien. We can bring funds to the deal for downpayment or funding of interest reserve if necessary.

Mike Simon