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Updated over 7 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Steven O'Neal
  • Investor
  • Orange Park, FL
1
Votes |
5
Posts

Land Purchase for construction of primary residence

Steven O'Neal
  • Investor
  • Orange Park, FL
Posted

Hey BP,

I am looking for some guidance on the best way to approach a situation.  I am interested in purchasing a 10 acre tract of land on which to build my primary residence. I would like to secure the land, place my current home on the market and let it sale before trying to obtain any further financing for construction.  What are the best options for securing the land prior to selling, obtaining additional financing and avoiding multiple closings?

Thanks! 

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