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Updated over 7 years ago on . Most recent reply

User Stats

17
Posts
4
Votes
Chris Gravitt
  • Trinity, FL
4
Votes |
17
Posts

Using land as collateral to build

Chris Gravitt
  • Trinity, FL
Posted

I own 3 parcels debt free and am wanting to develop them with as little out of pocket as possible. Any suggestions on using a commercial loan vs. Line of credit vs. Mortgage. Business credit is not seasoned and I would like to keep it off of my personal credit due to debt to income ratio. Any insight would be appreciated.

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