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Updated almost 5 years ago,
New construction financing on leased land.
Can new construction on leased land be financed.
My dad owns two city lots that he wants to partner on but he really just wants to lease me the lots because I will inherit the lots at his passing. He will not sell them to me.
How could I structure this where he can have his income, and I can build a duplex on each city lot?
Of course i will need some financing for this project.