Lot is lenders miss that or just have you on as a non occupying co-signer which isn’t needed in that unique circumstance.See the third option under principle residence.https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B2-Eligibility/Chapter-B2-1-Mortgage-Eligibility/Section-B2-1-1-Occupancy-Types/1032995641/B2-1-1-01-Occupancy-Types-05-01-2019.htm

@Faye Omar good day, these markets are unique.

Each town listed is pretty unique, so I would try several before you're ready to make your move. 

The process is market research, some land development / construction cost estimating and some math.At the present time finding an existing facility for lease is likely to be more cost effective and much quicker... if you have very unique requirements building may be the solution.PM me if you want to talk specifics, I can point you to some resources.

I have been running into this a lot when analyzing properties and it seems to be a common theme where my offer would be far less which makes me think if I'd have a tough time getting an offer accepted if other potential buyers are coming closer to what is being asked. 

Every contract is unique, and there's a variety of ways to get yourself into trouble.

While it is wise to proceed with caution any time you're re-leveraging an asset, each situation is unique and all of the variables need to be taken into account.I'm in the process of pulling cash out of one of my buildings which I have no intent to sell in the foreseeable future.

For years I've been purchasing land using my own unique strategies.

Hi Everyone,Here is my unique situation.  

I think the general theme here is trying to save on fees.