How To Buy Land With No Money

Traffic count past facility of 25,000+ cars per. The most common use for the program, however, is to buy a new farm. If you re buying a very high priced piece of land, this will mean that your loan payments will go up accordingly. Although there are many ways an investor can purchase real estate without handing over a down payment at settlement, it's important to understand the pros and cons of each type of agreement before. here we recommend you have a try PDFelement. Most consignment harvesters won't touch under a certain amount of acreage -- and when they do destroy everything. I am buying 5 acres with cash from the land owner and would like to know what steps I need to take to do this - is it cash for deed? Any specifics? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. [/r/collapse] Homesteaders: how did you save up to buy your own land and how did you pick? : homestead If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. An option is a unilateral contract, which means that all rights to buy or not buy the property belong to the option purchaser. It is possible to buy property with no money down. No Money Down Secret #1. Often prospective buyers have the misunderstanding that a higher interest rate comes with building a modular home but that is NOT TRUE. If you have the drive to start a business, coupled with a great idea and an unbelievable drive to succeed, you can start a business with no money. In the process of building my real estate fortune, I've used many techniques of structuring the purchase of a property with no money down. And I don't imagine you have millions of dollars to invest, so we thought it would be a fun experiment to see if it was possible to buy a plot of land for less than $100. Planning to buy a lot for a new home? LotNetwork. 2020 Harley-Davidson LiveWire Electric First Ride. In this video, Becky from Becky's Homestead explains how people with very little money can get themselves a small plot of land. 9 Tips for Buying Property With Little or No Money - In these tough economic times it is becoming more and more difficult for people to buy properties traditionally in the way they would have done a few years ago. I know the house would sell quick for $50000,I will sell for $17000 to an investor I say wow. Many great investments are made even better by buying them with little or no money down so make sure you know these 4 ways to buy investment land with little or no money down in North Carolina. 100% Financing. The third issue with buying land is having money ready for a down payment. There are three common ways to buy a house without paying a full deposit personally. So, if a lender needs to foreclose on the land, there's no guarantee it will get its money back in a timely manner, if at all. For the few land investors who know how to pursue this business with the right acquisition strategy, it's an extremely lucrative and low-risk way to build serious wealth from real estate. As for borrowing money from a 401K to buy land for an investment - land that you have no plan of using - I'd pass. In fact, you'll be required to if you apply for certain mortgages or loans. There is no reason to give up as long as you are willing to do some research and find ways to avoid opening your wallet. Buying land is a major undertaking and to begin the process, you'll need to figure out how much breathing room you'll have in your budget for a new house. He didn't hunt anymore, he couldn't afford to. December 23, 2014. 6 Little Known Facts That Can Help You Buy Your First Farm Land or Home Posted on July 8, 2010 by BradSimmons September 1, 2014 The problem that most people face isn't their ability to meet a monthly payment. Next, parcel off some land with the buildings, and buy only the remaining land on a purchase money mortgage with little or no money down. For information on land contracts in general, see the Nolo article, The Basics of Land Contracts. 5% or less down, but 100% of the down payment can be a gift. 9 Tips for Buying Property With Little or No Money - In these tough economic times it is becoming more and more difficult for people to buy properties traditionally in the way they would have done a few years ago. Private money. If you want to buy vacant land, access to utilities is a major factor in price. 9 Tips for Buying Property With Little or No Money | Backdoor Survival Do you dream of finding a piece of land to homestead? Learn how you can purchase your own slice of heaven by buying property with little or no money. People will always need a place to live, and that means getting involved. Determine what you can afford. Additionally, owner financing is available and there are no credit checks or references needed to buy land from BillyLand. In order to buy a house with no money down, you'll just need to apply for no-money-down mortgage. But unlike a house that could be trashed when you get it back, there is less to go wrong with land, so it isn't as risky to sell with a small down payment. Then there's the earning potential. Those who have gone to a seminar pitching this as a system, and have to use "no money down" because… They don't have any money. Prior to the subprime meltdown, there was a plethora of options available to an investor that wanted to buy property for no money down. I'll cover the general pros and cons and some other noteworthy tips and factors to consider. Buying vacant land is in many ways more complicated that buying a house. Is it possible to buy or purchase a house, or apartment, or flat, or some other real estate if you have bad credit, or have no money to put down? Yes. This article discusses the common steps a buyer and seller should take to close on a land contract purchase. By going through the raw land buying process, you might find that you have a knack for finding and buying properties for very little or even no money. Gill and S. Sell everything you own and use that money to buy land and move off grid. Land is expensive. Also most banks don't seem to lend towards land if it doesnt have a house on it. But if you want to get a good deal on a small piece of land, you're going to have to do some research, some traveling, and some investigating. Don't let your enthusiasm for an "ideal" piece of property lead to costly mistakes when buying land. 100% Financing. Prepper Real Estate: How to Buy Land with No Money Saved - 2/13/19. People will always need a place to live, and that means getting involved. Have some money. As for borrowing money from a 401K to buy land for an investment - land that you have no plan of using - I'd pass. Welcome to Episode 22! Today, I'll deal with a caller's frustration on how to start a homestead or farm with no money. By Tony Hansen. What this means is the owner of the property will act as a bank and lend the buyer all or part of the money needed to purchase the property. Best Answer: from a real estate agent's point of view say like a person wants to put a mobile home on land and needs to buy the land, well that land first has to have connections to water and sewer and electric and if not then after you buy and before you put anything on it you'd need to upgrade it (seems you don't have the money to do that) and put those items on the land. Most consignment harvesters won't touch under a certain amount of acreage -- and when they do destroy everything. We address that question here by explaining how to get cheap land, often, with little or no money. Or perhaps use a lease-option until you can raise private money to cash out the sellers? As you can see, there are a huge variety of ways to buy real estate without sacrificing your own money. The contract for deed route does have a positive side, though. Personally I don't see the need to buy when you can control a property with the existing loan (another far more efficient and true win win strategy for everyone involved). 6 Tips on Buying Land With No Money (or Little Money Down) in UT. How to Buy a House in 7 Steps. Buying a mobile home: loan options. Depending on the purpose, potential lenders will want to know what work you've. There are numerous sources of money with which to purchase rural land. by NTP Staff | Aug 20, How can I get help starting a cow / calf operation with no money are land are nothing. You will first have to decide the form of purchase method you want to use. 100% Financing. I'll cover the general pros and cons and some other noteworthy tips and factors to consider. Guaranteed by the U. For information on land contracts in general, see the Nolo article, The Basics of Land Contracts. However, land can be expensive in high-demand areas, so you may need a Down payment: If you're buying a lot (in a developing subdivision, for example), you might be able to put down as little as 10 or 20 percent. But the move was one out of desperation, and definitely not an easy one, so in 2015 I put together this guide on how to move to a new city with no money and it's been one of the most popular on the blog ever since. As for borrowing money from a 401K to buy land for an investment - land that you have no plan of using - I'd pass. There are several ways to buy investment property using these low- and no-money-down strategies. For a new single-wide. So, if you think you can receive cheap vacant land from the government without giving back to the community, think again. Many people who have a clever idea for a start-up often get discouraged due to a lack of funds. "Until the [Richard 'Dick'] Thornburg administration, everything was pretty universal," Gruber told Small Business Trends. When you buy and sell land, you want to ensure that you make a hefty return in the process. Buying land is a major undertaking and to begin the process, you'll need to figure out how much breathing room you'll have in your budget for a new house. December 23, 2014. com or other assets such as jewelry, fine art, rare coins or sports memorabilia, here are a few things to know to get you started. 3 27 Ways to Buy Multi-Family Properties With No Money Down I 've been buying and selling multi-family buildings for over 9 years now. If you want to buy investment land, vacant land, or raw land, there are many ways you can do it without using very much (or any) of your own capital! Here are 4 ways to buy investment land with little or no money down in Virginia. No Money Down Real Estate Investing! With over $800 million of income property listings for sale nationwide, BuyIncomeProperties. Hunting land loans may be the key to making your dreams come true. It's the most popular way new farmers get started in their farming career. Our Mission: To protect and promote your freedom, civil rights, financial well being and overall self reliance in these turbulent times. A variation of this strategy is for the seller to have the home and surrounding acreage released from any new or existing first mortgage, so that he can sell and receive cash up front. We just received the SFJ and were looking forward to reading the article "Making the Plunge" by Bob Williams. Buying real estate with no money down is a reality and is accepted by many people. LOL OUR society in Canada values two things- Privacy and Property. I am on my first deal, I see a reo 3 bed /2bath in a great neighborhood for $6000. At the end of 5 years, usually in October of that year, they pay the remaining $1,974 back to you Thus, if you have a 20-year loan, beginning with the 5 th year of your loan, you could receive a check for $846 in April, and another for $1,974 in October for. If you're buying a home that needs a little TLC, a typical fixed-rate mortgage isn't going to help you pay for repairs. No Money Down Secret #1. last post is so true-----money in. He didn't hunt anymore, he couldn't afford to. An option is a unilateral contract, which means that all rights to buy or not buy the property belong to the option purchaser. Buying at auction is easy, but when you buy land online, you should know what to do before you bid and what happens if you are the winning bidder. Unfortunately, many Americans are drowning in student loan and credit card debt with no feasible way of throwing together a down payment. I have tried various methods but cannot find anyone who will finance me 50% of the money. Are you interested in buying a foreclosed home, but don't have any money to put down?While this may sound like a deal breaker, you don't want to give up on your dream just yet. Lending in OK, KS, MO. BillyLand really can make it easy and affordable for you to own and invest in land. 100% Financing. Joint ventures are always done with no money down. How much you'll save depends on the area. The money that you'll need to spend will vary based upon the goal you have for your land. Those who have gone to a seminar pitching this as a system, and have to use "no money down" because… They don't have any money. Prior to the subprime meltdown, there was a plethora of options available to an investor that wanted to buy property for no money down. A zero down payment mortgage is exactly what it sounds like: a mortgage that requires no money down at closing. How Poor People Can Buy Land With No Money Becky's Homestead is one youtube channel I follow that talks about homesteading tips. Among the most common answers? Lack of affordable land. 3 27 Ways to Buy Multi-Family Properties With No Money Down I 've been buying and selling multi-family buildings for over 9 years now. Land acquisition is one of the concerns discussed most often on the Farmers For The Future network, with many beginning farmers questioning the whole process. You have to find out if the land is zoned, and in some places there are no zoning rules at all. There's Only 1 Way People With Hardly Any Money to Spend Can Buy Land By James Walton September 29, 2017 09:02 10,000 Americans will turn 65 years old every day for the next decade. No Money Down Secret #1. Northcutt-Dolezal If there is no land debt and the producer is. Whether you are purchasing raw land or big land from GovernmentAuction. " But, how true is that? In fact, there are ways to make money in real estate with no money or little money being spent. But I have no money. But if you want to get a good deal on a small piece of land, you're going to have to do some research, some traveling, and some investigating. Buying off the plan. "The 8 Steps to Buying Real Estate with No Money Down!". If you've decided to buy land, keep in mind that it's not going to be a short-term project. Buying a vacant lot is an important and complex decision, just like any real estate purchase. The money that you'll need to spend will vary based upon the goal you have for your land. NEW YORK (MONEY Magazine) - I'm willing to bet that most real estate investors have a blind spot. Prepper Real Estate: How to Buy Land with No Money Saved - 2/13/19. We personally guarantee that if you use the strategy in "Buy With No Credit: How to Make Money This Month in Real Estate" you will have the keys to purchase Real Estate anywhere in the country with no credit check, no bank qualifying and for $1-10 down -- no questions asked. So, I got this call in from a listener a while back and haven't had a chance to center an episode around it yet. If you don't have the money to buy the land, you may not have money to thin brush, cull trees, or invest in other income per available acre. Requires: An area where property prices are likely to surge in the future. Getting together with a Church Expert & your board to determine whether to buy vacant land, build new construction, an existing building or a property that can be converted are options to sort out as well since it will play a big role with getting pre-approved. But the realities of buying your piece of the country can cost you big time after closing. VanCity loses money on the interest-free down payment loan, but makes some of it back on the interest-only mortgage. So, if a lender needs to foreclose on the land, there's no guarantee it will get its money back in a timely manner, if at all. No Money Down Kendall Homes Zero Down Program has made it much more affordable for many of our buyers to own a piece of the "American Dream" with no money down. This article will discuss how to start homesteading from scratch with no money, and if it's even possible. "This method of buying property is made possible through a lesser-known piece of legislation called the Alienation of Land Act no. Many great investments are made even better by buying them with little or no money down so make sure you know these 4 ways to buy investment land with little or no money down in North Carolina. Buying Below Market Value with no deposit isn't new and has been a common way to buy multiple properties without cash. Before you even make an offer, calculate how much it will cost you to buy a property with closing expenses, and have a selling figure in mind. Farm land can be as low as a few hundred dollars an acre for pastureland without water access that can't be planted or as much as $10,000+ an acre for fertile, irrigated land with long growing seasons. The Truth About Land Investing: 15 Warning Signs To Watch For When Buying Vacant Land Land is one of the best places you can put your money, but there are a number of things you should carefully consider before you buy. I'd be happy to go over this process with you and address any questions you have. Although there are many ways an investor can purchase real estate without handing over a down payment at settlement, it's important to understand the pros and cons of each type of agreement before. We address that question here by explaining how to get cheap land, often, with little or no money. In order to buy a house with no money down, you'll just need to apply for no-money-down mortgage. Once the contract is executed, the seller has absolutely no more control over the sale. Is it possible to buy or purchase a house, or apartment, or flat, or some other real estate if you have bad credit, or have no money to put down? Yes. 100% Financing. However, the USDA eligibility map shows that most areas outside of the major cities are Or you can find down payment assistance programs that could allow you to buy a home with no money down. How to Buy Farmland, Even If You Think You Can't information about the area where you're interested in buying land. It is entirely possible to invest in real estate with no money if you align yourself with the right people. It has a lot of information that can be helpful for people who want to start homesteading. There is no reason to give up as long as you are willing to do some research and find ways to avoid opening your wallet. 3 27 Ways to Buy Multi-Family Properties With No Money Down I 've been buying and selling multi-family buildings for over 9 years now. One legitimate way to buy real estate with no money down is to use private money. It just takes some imagination and some O. How to Buy Land With No Money Down Buying Land With a Loan. Be wise - it's an option for some, but a trap for others. Next, parcel off some land with the buildings, and buy only the remaining land on a purchase money mortgage with little or no money down. Owner financing is the most common way to buy a property with "no money down". Are you interested in buying a foreclosed home, but don't have any money to put down?While this may sound like a deal breaker, you don't want to give up on your dream just yet. I mentioned a couple ways to get money in my How to Become a Farmer post, however, I didn't get into a whole lot of detail. If you want to buy investment land, vacant land, or raw land, there are many ways you can do it without using very much (or any) of your own capital! Here are 4 ways to buy investment land with little or no money down in. You should. Most of the banks wont probably because I'm self employed and only had the business 5 or so months. You can be asked to leave the property and have no way to fight it, as you have no legal rights to it. Contents Money … dollars land Read: 7 easy passive income Money … put Worldwide holdings limited (hkg:8086) Mar 10, 2014 · Here are some tips to follow for buying property with little or no money when you are ready to start looking for your piece of ground. Does the idea of buying your own farm sound like a fairytale? Not anymore. In this article, I will share 22 of my best ideas to make money from your land. Things to Know Before Buying a Ranch. Call it a prejudice. How to Buy Real Estate With No Money Down by Attorney William Bronchick. Buying vacant land is in many ways more complicated that buying a house. People will always need a place to live, and that means getting involved. Buying a house takes time. How to get a land loan in Louisiana. If the land already has a house built upon it, it is not really considered vacant land. Some previous home owners may still qualify for the grants available. Requires: An area where property prices are likely to surge in the future. This might become a side income or a method of making all your income from buying land. How much you'll save depends on the area. Not all hope is lost because there are several ways you can pay for your land from your land. In many cases, getting financing on an investment requires a down payment. More people would buy homes if they could afford it. It is advisable for you to use the bank as the process is secure and less stressful. No Deposit? No Problem. LOL OUR society in Canada values two things- Privacy and Property. Does the idea of buying your own farm sound like a fairytale? Not anymore. How to Buy Land With No Money Down Buying Land With a Loan. Strategy: Buy a property before it is built and, provided it increases in value by the time it is constructed, borrow against the new value to fund your deposit. Becky's Guide To Buying Land, get the eBook here: https://goo. This is another way of doing no money down Real Estate in Canada. No bank would lend me 90% to buy land, I had to have substantial equity of at least 50% of the land value. Read on for more information on how to buy land with bad credit! While it may seem like a nearly impossible idea to buy land with bad credit, it is possible. Contents Money … dollars land Read: 7 easy passive income Money … put Worldwide holdings limited (hkg:8086) Mar 10, 2014 · Here are some tips to follow for buying property with little or no money when you are ready to start looking for your piece of ground. We figured that was more in the realm of what we and our readers could afford. You Can Start With No Money. Under the Direct FSA Farm Loan, you can borrow up to $300,000. Buying a mobile home: loan options. Many people message our Facebook page asking how to get started homesteading quickly and cheaply. For a new single-wide. Investors buy rural land to make a profit, develop a business, go hunting and fishing, or find a relaxing place to live. If you have said equity in the land, the bank may use that as collateral to secure the loan. The National Young Farmers Coalition surveyed 1,300 of its members to identify the most significant barriers to a career in agriculture. 100% Financing. Buying a home is an enormous decision, one that has an impact on your credit and finances like no other purchase could. (You should know your goal before buying. Private and hard money lenders. Whether you own land already, want to purchase land at the same time as building, or you are receiving land gifted from a family member, USDA can offer so many advantages for homebuyers. Many people who have a clever idea for a start-up often get discouraged due to a lack of funds. It's the most popular way new farmers get started in their farming career. Buying a home is an enormous decision, one that has an impact on your credit and finances like no other purchase could. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. You focus on buying close to large population centers, big employers and the. Private money. You have a choice of paying all cash up front for a steep discount or we will finance the purchase with a small down payment and affordable monthly payments—payments are as low as the amount of another utility bill! Not only do we offer low monthly payments, we also offer 0% interest* and no. This is the eBook I wish I had when I was getting started. Buying vacant land is in many ways more complicated that buying a house. Land is expensive. Sometimes it's difficult to qualify for these programs, but once you know your options, you can own a home without breaking the bank. You should. 1 Way Poor People Can Buy Land With No Money - The truth is, buying land might not be as expensive as you think. From an investment standpoint, you never want to sell cheap land when you can make more money off of the property with minor investments. How To Buy Land. To be clear, she doesn't mean literally no money. (Other Peoples Knowledge). In many cases, getting financing on an investment requires a down payment. Being so-called nonconforming loans that do not meet Fannie Mae-based USDA Loan. If you're buying a home that needs a little TLC, a typical fixed-rate mortgage isn't going to help you pay for repairs. The land buying process is more involved than just looking at an online topographical map of the property and some nice pictures of bucks on the recent trail cameras. Even today, buying, developing, and eventually selling a property is a sure way to acquire wealth. If you've decided to buy land, keep in mind that it's not going to be a short-term project. Wondering how to buy a house with no deposit? Canstar explains 100% LVR home loans. "Until the [Richard 'Dick'] Thornburg administration, everything was pretty universal," Gruber told Small Business Trends. Does the idea of buying your own farm sound like a fairytale? Not anymore. Raw land investments don't fluctuate as much as your stock portfolio either. Credit Unions. No Money Down Secret #1. We address that question here by explaining how to get cheap land, often, with little or no money. It is possible to buy property with no money down. But borrowing money to purchase raw land is not quite that straight forward. Among the most common answers? Lack of affordable land. In many cases, getting financing on an investment requires a down payment. Is it possible to buy or purchase a house, or apartment, or flat, or some other real estate if you have bad credit, or have no money to put down? Yes. Not all hope is lost because there are several ways you can pay for your land from your land. com is the premier commercial & residential income property real estate listing site! For a limited time list a property now For Free & it remains listed until it is Sold! Listing is available for brokers, realtors. If you have any questions about the process of buying land you can leave a comment below. 1 Way Poor People Can Buy Land With No Money - The truth is, buying land might not be as expensive as you think. NEAR THE PAVED ROAD & ELECTRIC, LAND IS LEVEL WITH MOUNTAIN IN VIEW, GREAT LOCATION TO BUILD A HOME. You have a choice of paying all cash up front for a steep discount or we will finance the purchase with a small down payment and affordable monthly payments—payments are as low as the amount of another utility bill! Not only do we offer low monthly payments, we also offer 0% interest* and no. However, there are several options to get funding. The money that you'll need to spend will vary based upon the goal you have for your land. A land loan may also be classified as a construction or commercial loan. 9 Tips for Buying Property With Little or No Money | Backdoor Survival Do you dream of finding a piece of land to homestead? Learn how you can purchase your own slice of heaven by buying property with little or no money. If you're buying a home that needs a little TLC, a typical fixed-rate mortgage isn't going to help you pay for repairs. I have tried various methods but cannot find anyone who will finance me 50% of the money. He purchased the first 3 cows on credit card. How To Get Into Farming With No Money. If you want to buy investment land, vacant land, or raw land, there are many ways you can do it without using very much (or any) of your own capital! Here are 4 ways to buy investment land with little or no money down in CA. Private and hard money lenders. (Other Peoples Knowledge). But I have no money. If you want to buy investment land, vacant land, or raw land, there are many ways you can do it without using very much (or any) of your own capital! Here are 4 ways to buy investment land with little or no money down in Texas. If you re buying a very high priced piece of land, this will mean that your loan payments will go up accordingly. " But, how true is that? In fact, there are ways to make money in real estate with no money or little money being spent. From an investment standpoint, you never want to sell cheap land when you can make more money off of the property with minor investments. > You've heard, "in order to make money, you have to spend money. Northcutt-Dolezal If there is no land debt and the producer is. Call it a prejudice. Buying land has never been easier. 100% Land and Lot Loans with No Money Down. Go to article ← Prepper Website home. Best Answer: from a real estate agent's point of view say like a person wants to put a mobile home on land and needs to buy the land, well that land first has to have connections to water and sewer and electric and if not then after you buy and before you put anything on it you'd need to upgrade it (seems you don't have the money to do that) and put those items on the land. One of the most common methods for making money in real estate is to leverage long-term buy-and-hold residential rentals. Buying vacant land is in many ways more complicated that buying a house. Your lender isn't going to approve a $300,000 loan to buy a home that's only worth $250,000. By going through the raw land buying process, you might find that you have a knack for finding and buying properties for very little or even no money. Here's a primer on how to buy land, But even if you're purchasing the land for a song, you'd better have money for a down payment and to pay to build a new home on the vacant land. You've seen the late-night infomercials with self-anointed gurus promising you millions in real estate profits with no money down. Start Your Own Cattle Farm with Little or No Money. The answer is YES, but with some qualifications. If the buyer chooses to exercise the option, the money becomes part of the down payment. How to Buy a Piece of Land. The money that you'll need to spend will vary based upon the goal you have for your land. The hard fact is, buying land is very different than purchasing a home. 68 of 1981, which provides solid protection for both the seller and the buyer. Most of the banks wont probably because I'm self employed and only had the business 5 or so months. I know this sounds contradictory, but you really are not buying with little or no money. If you're buying a home that needs a little TLC, a typical fixed-rate mortgage isn't going to help you pay for repairs. Accurate assessment of your financial capabilities, your lifestyle, and your goals for the property are essential to making the "right buy. Purchase land for hunting. Buying off the plan. You don't have to pay cash for the land. 2020 Harley-Davidson LiveWire Electric First Ride. I know the house would sell quick for $50000,I will sell for $17000 to an investor I say wow. If the buyer chooses to exercise the option, the money becomes part of the down payment. You have a choice of paying all cash up front for a steep discount or we will finance the purchase with a small down payment and affordable monthly payments—payments are as low as the amount of another utility bill! Not only do we offer low monthly payments, we also offer 0% interest* and no. While you can buy cheap land, you always want to maximize your return on investment when you flip property. Self-storage relies on people ' people who need to store stuff. 5% or less down, but 100% of the down payment can be a gift. That was the main problem that I am faced with, "how to get money to start a farm?" In Canada, we have some options that are available. If you have any questions about the process of buying land you can leave a comment below. You can convert it into a recreational facility. It is the land which is sacred. It may be easier to get than a land loan if you have poor or average. However, it is possible to purchase real estate with no money from the buyer's pockets. People who are familiar with the real estate investment market know that buying land can be more expensive than buying houses through an investment deal when it comes to upfront money. Money placed in the surplus fund is used to make new land loans to others buying land. Reprinted from MOTHER EARTH NEWS NO. How to get a land loan in Louisiana.