I am not an expert in this area but I'm thinking I could possibly use my HELOC for the land and get a construction loan to build the home and once finished roll it into a conventional second home loan.

But I also want to give him security of having a lien on a property that is not the subject property.

The interest rates and fees on this kind of loan product might be higher.

Read your loan sale agreement.

all paid for with cash.no credit cards. no school loans owed. when we shopped around for rates on a mortgage in May, 1 broker said to me twice, "you mean you really have no debt except for your mortgages?"

anyone who is teaching people to call banks to get loans has no clue what they are doing, there was one guru who had one student get loans from a bank and then sold it into 5 programs only to make themselves money.

I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years).

I am considering as a first time buyer to utilize the BRRRR method on my personal home, while also using a 203K loan to finance and rehab the property.

It’s a sole proprietorship.Wewe want to use her condo as a rentalFor tax purposes we plan to file separate every year because of her high student loans. 

Leveraging Jamie's local market knowledge, we secured the property for $218,000.