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Updated over 8 years ago,
Land Financing Deal
I have never bought and built on land, but believe i have an opportunity. I is a nice Mountain property. I currently have a house that I live in, and have two rental properties. I am cash flow positive on my rentals and live below my means.
What I am wondering what are the financing options. If I do not plan to owner occupy. I would like to build and rent the property. I am not sure how to run numbers unless I can figure costs and financing is a huge part of this. Anybody have any advice or good lenders to talk to.