From: "bidbonanza" 
Newsgroups: misc.invest.real-estate
Subject: Any lenders for vacant land?
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Date: Tue, 03 Aug 2004 21:36:19 GMT

I am buying, six acres, vacant undeveloped land, commercial/industrial zone,
located
in the growing city planned, closed to freeway and warehouses buildings.
This land is worth from $750K to $1.0 M and I paid 1/3 of the current price.
There is no utilities such as water or sewage system.

I am looking for a lender who is willing to make a loan if I put $60K to
$80K down payment.

Is this a risky business?

Rather than using $80K, spreading out $20K of down payment to buy other
three properties.
I already bought two properties within three months.

Anyone has any suggestions?
If you are a mortgage broker who think can get a loan for the land  please
contact me. Thanks.

gprmktg@hotmail.com
Tel.: (408) 416-1961