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Updated almost 6 years ago on . Most recent reply

Zach Hawrot's profile image
Zach Hawrot's profile image
Zach Hawrot
  • Member since Jan 8, 2019
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15
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1
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Zach Hawrot's profile image
Zach Hawrot's profile image
Zach Hawrot
  • Member since Jan 8, 2019
Connect
Zach Hawrot
1
Votes |
15
Posts
Buying & Selling Real Estate

Question: Refinancing After Adding Lot of Land

Zach Hawrot
Posted

Looking to purchase a single family property with a vacant house next to it. The goal is to get that vacant property in a sheriff's sale and tear it down since it's in such poor shape. Here is my question:

If I buy the single-family property and tear down the neighboring vacant, would I be able to parcel both properties together and refinance off that now that the overall property has doubled in size? 

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