Capital for land,
on terms that hold.
Not just money on a term sheet — your long-term capital partner on land deals.
We're the funding arm of Clay Hepler's land investing firm. Bring us a parcel. We joint-venture, carry the capital, and share the upside on a simple sliding scale.
Decisions in under 24 hours. One team underwrites, funds, and shares the risk.
Two people review every deal.
No committee, no account manager shuffle. The people who make the funding decision are the same people you talk to.
Clay built the land investing business Landman Capital funds out of, and sets the firm's terms, risk appetite, and strategy.
Carlos reviews every submission personally and comes back with a funding decision — usually well under 24 hours.
From parcel to funded, in four moves.
Submit your parcel
APN, county, state, and purchase price. The agreement is optional.
We underwrite it
We review every submission against comps, exit, and price-to-value.
A decision in under 24 hours
You hear back within a day. Then we book a call to walk the numbers.
We fund. You close.
Capital hits the table. The split follows your deal's schedule.
How Clay Hepler's team shows up.
Landman Capital is built by operators who fund the way they'd want to be funded. These are the standards every deal is held to.
Unquestionable Standards
Ethics, integrity, no gossip. How we do one thing is how we do everything. 11/10 effort.
Total Ownership
Results are on me. No blame, complain, or defend. Radical candor and transparency. No egos.
Commitment
We commit. We do what we say we are going to do.
Competitive Greatness
Be the best even when no one's watching, thrive under pressure, break personal barriers. Plus the must-haves: 10/10 GWC, decide on data not emotion, AI-first, customer-obsessed.
Three ways we partner on a deal.
It depends on who operates and what kind of deal it is. In every case, the longer it's held, the more the split moves toward capital.
Not funded. We don't take purchase prices below $50,000.
Splits follow the three schedules below by who operates and what kind of deal it is.
Depending on the ratio, we may adjust the split — less capital in the deal or a different price-to-value. Funded up to 65% of market value.
We run the flip as your funding partner and carry the operational load. The split starts even and steps toward capital at each threshold, reaching zero after 12 months.
Landman covers brokerage of the sale · full broker management · surveys at closing · perc tests at closing
Passive capital. You run the deal and keep the larger share early; Landman's share rises with hold time.
You cover brokerage · broker management · surveys · perc tests — Landman provides capital only
Subdivides run on a different curve, and the structure depends on the type of deal. The longer a subdivide sits on the market, the more equity shifts to the funding partner. On larger subdivided equity positions, we may convert the structure to transactional funding instead — a flat 2% fee with no equity split.
Split depends on entry price · exit price · how involved you want Landman in the transaction
Fundee share steps down and funder share steps up the longer a subdivide sits on the market. Landman funds up to 67.5% of market value on deals held over a longer period.
Transactional funding
Fast in-and-out funding, no equity split. Just a flat financing fee instead.
Ideal for double-closes and quick assignments where you want capital in and out without sharing the upside.
Larger deals
Above $100K the split may shift with the ratio: less capital in the deal, or a different price-to-value.
We'll walk through the structure with you on a call before anything is signed.
The details, up front.
Straight answers to what fundees ask most. Still unsure? Submit the parcel. The fastest way to a real answer is a real deal.
What's the minimum deal size?
A $50,000 purchase price. We don't fund parcels below that floor.
Do I need a purchase agreement to submit?
No, it's optional. Attach it if you have it. If not, we can still review the deal.
How fast will I hear back?
Under 24 hours. Every submission gets a funding decision within a day.
What happens as the deal is held longer?
The split steps toward capital over the hold. Partner equity reaches zero at 12 months (10 for a standard flip you operate). On subdivides, financing fees still apply past the cutoff.
What about deals over $100K?
Above $100K the split may shift with the ratio: less capital in the deal, or a different price-to-value. We fund up to 65% of market value.
Any questions?
Reach out directly and we'll walk you through anything before you submit a parcel.
Have a parcel? Let's look at it.
Send the APN, county, state, and purchase price. You'll have a funding decision in under 24 hours.
Submit a parcel →