Land Deals Funded
At Funder.Land we aspire to develop quality long-term Joint Venture partnerships with a small roster of savvy land speculators and developers. We "speak" land, smart risk, solid ROI and fairness.
Call Now
Get Funding Now!
By submitting your information, you agree to receive promotional communication and other materials from Funder.Land and its affiliates.
Process
Since we are a small boutique funder working land deals exclusively, we have the expertise, processes and control of moneys to make decisions quickly to accommodate our client partners’ short project timelines. We don’t have bloated departments or budgets to make us complacent and forget that land investors are the heart of our business.
Our terms and pricing are fair and simple, designed to cement long-lasting partnerships versus quick single funding hits. We are agile and flexible, because we understand that no two land deals are alike.
Step 1
Request Funding
Once the seller returns a signed purchase agreement to you, you'll fill out our Request Funding form to provide initial info about your parcel. We'll then promptly underwrite your land deal within 24 hours.
Step 2
Sign JV Agreement
We'll reach out to you to present and discuss our process, funding offer, and answer your questions. Then you will sign our funding agreement. Next, we'll contact the title company to initiate the escrow process.
Step 3
Complete Acquisition
After the funding agreement is executed, we will begin our due diligence and make plans for property marketing. Once the due diligence is completed, we close on the property using a title company.
Step 4
Sell Parcel
We begin marketing the property at the lowest possible cost, in order to preserve profits, although quick disposition is our main goal. You do not have to do anything at this stage, except receive our regular updates.
Why Choose Us
Service
Whereas some other funders want you, the investor to take care of marketing and selling the property, and some even want you to do the due diligence, we take care of everything ourselves, freeing you to find new sellers.
Speed
We underwrite within 24 hours, while some funders claim to do the same and take as long as a week - you've been there, haven't you? Then we maintain the same rhythm to drive the deal toward closing and later - rapid disposition. $10K profit in 3 months is more than $10K profit in 6 months.
Simplicity
Submit a request for funding, receive a decision, sign the JV agreement, then get back to finding deals, while awaiting the payday. Best part? NO RISK TO YOU, once the deal is turned over to us.
Can we make it any simpler?
Funding Criteria
Property Type
Any (no desert squares)
Location
USA (sans HI, LA, ND, AK)
Purchase Price
50% or less of Market Value (higher may be acceptable in some instances)
Flood Zone
Partial or none
Access
Paved or dirt road or deeded easement
Sale Terms
Cash will be preferred. Seller Financing in some instances.
PROFIT SPLIT
Funder.Land takes care of all the due diligence, acquisition and disposal work as part of our Joint Venture Funding program – you do not have to do anything after you turn the deal over to us.
Days
Your % of Net Profit
Funder’s % of Net Profit
1-90
60%
40%
91-180
55%
45%
181-270
50%
50%
271-365
40%
60%
366-546
25%
75%
547 up
10%
90%
Chart Definitions
Net Profit is gross sale price of the land minus the purchase price and all expenses (closing, marketing, sales, improvement, due-diligence, photography, other expenses).
Days are from the time funds are wired to complete the purchase to the time all the sales proceeds funds are received by us.
These profit splits assume that you have secured a purchase agreement to buy a parcel of land at 50% of market value or below. If the purchase price is higher, we may still be able to fund the deal, however either the split will be different, or you will need to bring some money to the deal or both. Other conditions may also apply.
GET PAID RIGHT AWAY! If a deal does not fit our criteria, we may still be able to offer you an assignment fee payable immediately after the purchase is completed, thereby “buying” the deal from you. The amount is highly dependent on the deal conditions. Let us know if that interests you.
FAQ's
Are you a broker?
We are not a broker. We are a direct funder, using our own private capital and in rare instances our partner investors' capital (which will be totally transparent to you). This ensures that no fees are tacked on to pay a broker, increasing a profit for you and us.
What is my risk in this?
Once you turn the deal over to us, be it for an upfront assignment fee or as a Joint Venture, the risk of a loss is entirely on us: if the total of the purchase price plus expenses incurred throughout the deal are more than the selling price, we lost that money, not you the land flipper.
My purchase agreement is for more than 50% of market value. Is it ineligible?
Not necessarily. 50% of market value is strongly preferred to provide a cushion in case the market is not as vigorous as estimated or it cools down suddenly. Having enough potential profit in the deal allows us to gradually reduce the asking price, if need be. And let's not forget that there are plenty of closing, due diligence, improvement, marketing, selling expenses to cover.
Do you sell using realtors?
We try to avoid paying unnecessary expenses of all sorts, when possible. This applies to realtor commissions, though they are unavoidable in some instances, e.g. when realtor opinion is vital, when the market is cold and marketing/selling requires a local specialist.
Do you JV fund subdivision plays?
Minor subdivisions only in counties with reasonable regulations.
There is a structure on my parcel. Can you fund the deal?
It depends on the structure, although most land funders would prefer to stay away from such deals, as those are not pure land plays. If the parcel can be subdivided and the part with the structure sold separately, it may work.
Meet the Funder.Land Team
- Integrity
- Accountability
- Respect
- Fairness
- Service
Wolf Gray, Head of the Tribe
Wolf doesn't know much of anything, other than land and building things on it, he claims. He started our company a very long time ago in faraway lands. Wolf reminds us daily that making money is secondary to sticking to our values and principles.
Loise Meijer, Due Diligence
Loise heads up a few small departments for both, our land and our funding business. She grew up on a farm in Ohio and land is in her blood.
Alex Seri, Marketing
Alex spent lots of time in Financial Markets/Risk Management, however inevitably land continued to beckon and he happily returned to the family business. Alex wears many hats and often steps in for all others when they are pre-occupied.