Northgate

FAQ

Frequently asked questions

We evaluate every land site on a lot by lot basis. Typically, we prefer the purchase price to be no more than 45-60 percent of the anticipated sales price. That being said, we can make exceptions if we feel confident about the deal.

We require that all land investors have a Purchase Agreement before submitting a deal. If there is a reason that you do not have a Purchase Agreement and have agreed on a deal please feel free to reach out 

Typically, we fund deals within the $20,000 to $150,000 purchase price. We will look at deals outside these parameters but this is our bread and butter.

Profit splits vary based upon how long the deal is on the market. For deals that are sold under 60 days 70/30 is the split to land investors. Land sites that sell between 61 to 120 days are 60/40 splits to the land investor. From 121 days to 180 days the splits are 50/50. From 180 days to a year it is 60 percent to the land funder and 40 percent to the land investor. After a year the land investor will not get any of the proceeds. Terms can vary based upon the deal and land investor experience.

This company only funds on land acquisitions. Do not submit any single family homes or commercial properties 
If the investment makes sense. Our team can fund additions such as adding a driveway, septic/well, bushmowing, mulching, and more. Please specify in your deal submissions if you are doing any improvements.
We specialize in short term land funding. That being said, we will look at all deal opportunities and consider the opportunity on a deal by deal basis.

New Deal Submittal Form

Now, let’s dig in a bit more. Please fill out the additional questions below.