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re: Land Loan
Posted on 2/9/13 at 8:58 pm to Scooby
Posted on 2/9/13 at 8:58 pm to Scooby
That's the only way to do it unless the builder buys lot and you do it turnkey. Make sure in sub. You don't have specific timeframe after contract to build, 3-5 years is a long time for a sub. to let someone hold a lot. In my hood you have 12 months
20% down. Lon should be around prime plus 1
20% down. Lon should be around prime plus 1
This post was edited on 2/9/13 at 9:00 pm
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