Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply
Need Help with Land Loan ASAP
-13 acres in Amherst, Va for $130k with purchase agreement signed and closing date of 15 March.
-$70k down. Looking to finance $60k or if it makes sense for lender, we put $70k towards loan of $130k.
-Credit around 665-674
-Active Duty
-DTI around 64%
Goal of land:
Land is adjacent to primary residence. Want to build a small cabin in 1-2 years to use as a retreat for Wounded Warriors and Airbnb.