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Updated almost 2 years ago,
Purchasing 1st Property
Hello
I'm new to this in it's entirety, so I'm hoping this works. I have found a property on 4 acres of land in Indiana. I'd like to purchase the property, rent it out, subdivide and place manufactured home on it. The property is located in unincorporated area so I can legally do all of this. ,
My question is, as this is my first ownership purchase, the seller does not accept VA or FHA.......If I do a conventional loan, how do I fund the build of the 2nd home which will be a manufactured/modular home? I'd like to do this before October..................