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re: Buying property in Louisiana

Posted on 9/15/14 at 9:55 am to
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 9/15/14 at 9:55 am to
The place I'm looking at is 7 acres.

6% seems pretty crappy though. I thought they would be better than that.

My primary account is with a credit union so I plan to call them and see what they offer. I wasn't sure if there was a specialty entity for loans on land.
Posted by hawkeye007
Member since Feb 2010
5908 posts
Posted on 9/16/14 at 9:16 am to
when you start shopping you will find that land loan % are higher than house rates. 6% i pretty good
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