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Updated 9 months ago,
Can a home purchase + a parcel of land be bundled into one mortgage?
I've come across a house I really like that's been on the market for a bit. This seller also owns a really beautiful parcel of land next door that they're willing to include in the sale. I don't have a realtor representing me yet, so just trying wrap my head around the idea.
If I were to acquire this house + extra parcel of land. I'd Airbnb the 1st home & would do new construction on the 2nd lot.
Am I able to bundle the purchase of both the house purchase and 2nd undeveloped parcel into one mortgage?