re: Financing for raw land

Id reach out to First South Farm Credit at their Thibodaux office (Ben or Tommy). I've dealt with them a few times for timber/hunting land purchases. Good people to work with and I closed with them recently, it'll be better than 10%, but keep in mind that interest rates in every loan sector are terrible right now and raw land financing is higher risk in the eyes of the banks, so set your expectations accordingly. The days of 3% interest land loans are a few years in the past.