Hi everyone, I am wondering if anyone Has had any good experience with a particular lender that will loan on a empty lot?

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

If you are going to be an owner-occupant, want a low down payment, and are planning to do a renovation, the FHA 203k and Fannie May Homestyle loans are your best optionsHow do you know the property is currently upside down on the mortgage? 

@Jon Ankenbauer you won't be able to keep the land separate from any future construction loan.

So I did a 3-2-1 buydown and secured a 2.875% interest loan for the first year of the loan, and it will gradually go up a percent each year until it hits my rate of 5.875%!

That is important when considering a conventional conforming loan.

Just curious do you find that accessing county records online through the county clerk website works just as well as going in person?

If the loan is being paid the seller/previous owner has no reason to want off of the loan.

HELOCs are fine, but keep in mind that you really only want to use 50 percent of less (each) of your available equity just so you aren't creating a problem that you can't solve later if the value of your personal residences fluctuates.If you both have W2 jobs though, have you looked into getting qualified together and just getting a loan, 10 percent down each?

It’s like you bought the properties with a 30 year loan and are putting the rest in to a savings account.