100%LTC LAND PURCHASE AND IMPROVEMENT OR DEVELOPMENT PROJECT FUNDING

Our specialized PEI Investment Fund is pleased to offer ''up to 100%LTC Financing'' for the financing of your Land Purchases, Land Improvements and Developments Projects.

               LAND ACQUISITION & PROJECT FINANCING - 100% LTC (Loan To Costs) up to 80% of "Improved" Value !!

For investor-borrowers with plans to purchase and improve and sell land or for development projects, we offer the following two financing options.

 

*** The primary requirement for this funding is that improvement or development of the land is intended to be completed within the next 5 years. ***

If there are legitimate plans to improve or develop the land within 60 months from the funding date, 100% of the land acquisition can be funded based upon the following option criteria.

Loan Amounts starting at USD$1Million to No Upper Limit (Contingent upon planned uses)

Joint Venture Funding is available. Here are 2 Debt Financing options.

Option #1. Land Acquisition and Improvement

  • 100% Financing up to 80% of Future "Bulk Sale" Value 
  • Permits and Entitlements Not Required to Proceed With Loan Approval
  • 5 Year Loan Term with No Prepayment Penalty
  • Commercial Uses Only
  • Standard carve-outs permitted
  • No pre-payment penalties
  • Rates Starting at 1 year LIBOR plus .50%
  • Pre-sales or LOIs preferred, but not required
  • No Payments during subdivision or infrastructure/improvement periods
  • No Personal Recourse Required
  • Typically 1% to 2% Loan Fee (from the gross loan amount)
  • Approval/Commitments usually within 10 business days after preliminary documents
  • Funding usually within 20 business days total
  • Nationwide & International


Option #2. Acquisition and Development Projects

  • 100%LTC Financing up to 80% of Estimated "As Completed" Developed Project Value 
  • Low Interest Rates starting at 1 year LIBOR plus 1.00% 
  • Permits and Entitlements Not Required to Proceed With Loan Approval
  • Payments Deferred up to 24 months
  • 5 year Loan Term With No Prepayment Penalty
  • Standard carve-outs permitted
  • No pre-payment penalties
  • Typically 1% - 2% Loan Fee (from gross loan amount)
  • No pre-sales or LOIs required
  • Must have feasible Exit Strategy 
  • Approval usually within 10 business days after preliminary documents
  • Funding usually within 20 business days total
  • Nationwide & International

Email: legacyventuresgroupfunds@gmail.com or call: 1(470) 729-0351

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