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Construction Loan
This is a discussion on Construction Loan within the Mortgage Talk forums, part of our Mortgage Chat category; I own a quarter acre lot that is worth 85k. I want to build a house on it to sell. ...
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May 4th, 2008, 09:36 PM
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|  Construction Loan I own a quarter acre lot that is worth 85k. I want to build a house on it to sell. I can build the home for 125k and it would be worth 250k at a minimum. Is it possible to get a loan for the whole 125k? or would I need to use some of my own cash? I own the lot free and clear |
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