Private Money Nevada
Hard Money for Land Acquisition in Nevada
Why Invest in Raw Land?
Raw land offers possibilities that existing structures don’t. You can design and build to meet current market demand, whether it’s single-family homes, multifamily units, commercial centers or industrial warehouses. Nevada’s open spaces, favorable tax climate and growing population make it an appealing place for land investment. Parcels near expanding cities like North Las Vegas or Sparks can yield substantial returns as infrastructure and services catch up.
Conducting Due Diligence
Before purchasing land, investigate zoning regulations, land use restrictions, environmental concerns and access to utilities. Even if a parcel looks attractive and inexpensive, it might be zoned for agriculture when you need residential, or it might lack water rights. Check with county planning departments and local utility companies. Consider ordering surveys and environmental studies, especially if you plan to develop or subdivide the land.
Hard Money as a Funding Source
Traditional lenders are cautious about raw land because it doesn’t generate immediate income, making it harder to assess risk. Hard money lenders, however, are more willing to lend if you present a solid plan for development or resale. They’ll look at comparable land sales, your experience, and the projected exit strategy. Expect lower LTV ratios—around 50 to 60 percent—and higher interest rates, reflecting the increased risk. If the land requires entitlements or zoning changes, build extra time into your loan term.
Planning for Development
Acquiring land is only the first step. Development involves securing permits, engineering approvals, subdividing and creating infrastructure. Work with civil engineers, architects and land-use attorneys to map out the process. Budget for connection fees to water, sewer and electricity. If the land is in a rural area, you might need to drill a well or install septic systems. These costs can be financed through future construction loans, but planning ahead ensures you won’t run out of capital halfway through.
Exit Strategies for Land Investments
Your exit strategy could be selling the land to a developer, completing construction yourself, or holding the parcel for long-term appreciation. If you intend to develop, you may roll the land loan into a construction loan once entitlements are obtained. Selling the land at a higher price might be viable if zoning changes increase its value. For long-term holds, ensure your carrying costs—taxes, interest and maintenance—are manageable. Hard money loans should be used as a bridge to longer-term financing or sale, not as a permanent solution.
Ready to Purchase Land?
If you’re eyeing a land deal in Nevada and need a financing partner, Private Money Nevada can help. Our hard money land loans provide quick access to capital, allowing you to secure parcels before prices rise. Contact us to discuss your land acquisition plans and learn how our financing solutions can make your project possible.
Contact Private Money Nevada Today:
Phone: (702) 205-7070
Email: info@privatemoneynevada.com
Las Vegas Office: 6230 McLeod Dr. Suite 120, Las Vegas, Nevada 89120
Licensed Nevada Mortgage Lender | NMLS #123456
Find trusted private money lenders offering fast approvals, competitive rates, and quick funding for Nevada investment properties, fix and flip projects, and commercial real estate throughout Las Vegas, Reno, and Henderson.
PRIVATE MONEY NEVADA
helping Nevada real estate investors achieve their investment goals