re: Building A House - Where To Start?

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s that true that you should have 20% of land+home to get started?

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If you already own land, that can be counted as equity towards the 20%.

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And how do you know exactly what and how much to ask for?

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Your builder will tell you how much you need based off of the specs. Get an available 20% more. You may not use it but it will be there. You'll do draws as the contractor needs money. At the end you'll have a dollar amount that you spent. You turn that into your perm mortgage.
Voila