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Updated 8 months ago,
Financing for resort
Hi! currently own a cabin worth about 400k. My mortgage is 200k.
I want to buy a new property for sale that is commercial/resort zoned. I'd like to put multiple cabins/condos on that piece of property. I plan to use a refinance on my current cabin to fund the downpayment on the next property. Does anybody have any recs or advice on how i can get financing for this?
Thanks!!