Want to do a cash out loan/hard money loan on vacant land I own

You may find it pretty difficult to find someone willing to loan that much on land and for that little amount. I would try local community banks or credit unions and see if they might count it as collateral, and perhaps combined with something else of value you own.

Possibly, but finding a HML willing to lend on vacant land.. that's going to be difficult. If they did, it would be at a very low loan to value. probably at or below 30%.. land is speculative, and can take forever to sell. if the lender has to foreclose, they will want to liquidate it as soon as possible.. and the only way to do that is if the price is so much lower than all the other similar property types, that it sells first.. keep in mind, they are in the money business, not in the real estate/land investment business.. and if the property sells via foreclosure and it sells for more than you owe, then those excess funds go back to you.. so they really don't gain anything, but the headache of having to go through foreclosure and wait for their funds.. this all being said, it's possible you can find a lender willing to do this, but expect high interest rates, and absorbent fees.. You might want to consider just selling the lot.. since land values do not go up very quickly.. you can always buy another parcel down the road when you have funds available.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347