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Updated over 7 years ago, 07/12/2017

User Stats

63
Posts
21
Votes
Luke Mccandless
  • Investor
  • Washington
21
Votes |
63
Posts

Apartment complex comes with an extra land parcel

Luke Mccandless
  • Investor
  • Washington
Posted

I am looking at buying an apartment complex and the owner is selling the adjacent lot as part of the sale. This is a legally separate lot. I will be financing 75% of the deal and would want to sell the land separately to recover some / all of my down payment. Would the lender allow this or what other restrictions or obstacles am I missing? 

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