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Updated almost 5 years ago on . Most recent reply

User Stats

9
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2
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Anjelica Smith
2
Votes |
9
Posts

Rental property plus land purchase

Anjelica Smith
Posted

Hi. I’m a nurse interested in buying a duplex, but I also would like to buy a piece of land to build my personal/forever home in the future. I would like to acquire both properties within a close time frame. What would be the best way to do this? Would the banks give me both loan or what is the best way to assure the banks would give me both loans?

Would it be possible/necessary to purchase the duplex under an LLC?

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