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Updated over 2 years ago,

Jennifer Hoops's profile image
Jennifer Hoops's profile image
Jennifer Hoops
  • Member since May 23, 2018
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Jennifer Hoops's profile image
Jennifer Hoops's profile image
Jennifer Hoops
  • Member since May 23, 2018
Connect
Jennifer Hoops
1
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4
Posts
Creative Real Estate Financing

Advice on lot split funding

Jennifer Hoops
Posted

Is it possible to get a loan to assist in splitting a lot off a property I already own? I have 14 acres and will be splitting to create a new 3 acre lot. If I borrow about $20,000 for the split and improvements, lot will be worth about $65,000. I already own the property. Is this possible? 

Cleveland, Ohio
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