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Updated almost 13 years ago,
Financing Land
The 6 acre wooded lot behind my house is for sale. Lots of details I could relate, but the point is I would need to finance the purchase somehow. My thoughts are that I could wrap it up into my current mortgage, get a private loan or maybe even find a bank that would lend to me. I'm meeting with one of my bankers today.
Thoughts on creative strategies for financing a land purchase would be appreciated. I'm in the dark here!