Loan Case Study — Kentucky

$59,200 Land Loan — Kentucky

A 20-acre Kentucky land acquisition financed with a $59,200 private land loan from Damen Capital. Closed in 7 days, no appraisal, interest-only at 16%.

$74,000

Purchase Price

$59,200

Loan Amount

16%

Interest Rate

20 Acres

Kentucky

The Numbers

Deal Breakdown

The Acquisition

Property20 acres — Kentucky

Purchase Price$74,000

Down Payment$14,800 (20%)

Loan Amount$59,200

Interest Rate16% (interest-only)

Term24 months

Closing Timeline7 days

Loan Costs

Monthly Interest$789/month

Hold Period10 months

Total Interest Paid$7,890

Closing Costs$600

Exit Fee (2%)$1,184

Servicing ($25 x 10 months)$250

Total Cost of Capital$9,924

Borrower sold the hunting parcel with seller financing to a local buyer 10 months after acquisition.

This loan was a vacant land flip: the borrower bought the Kentucky parcel at a discount and resold it with seller financing in 10 months. See how we fund land flips →

How It Worked

From Application to Closing in 7 Days

Hunting Parcel Identified

20 acres in Kentucky at $74,000 — priced for a quick sale by a motivated seller.

Private Loan in 7 Days

$59,200 at 16% interest-only. No delays, no appraisal, no committee.

Sold with Seller Financing

Local hunting buyer purchased with owner financing 10 months later.

The Takeaway

Hunting Land, Easy Exit

A 20-acre Kentucky hunting parcel marketed to local buyers. Seller financing made the deal accessible to buyers who could not qualify for rural land loans.

Closed in 7 days — no appraisal, no bank committee

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