I realize this has been discussed for a long time, but I’m curious if anyone knows of anyone who has had issues with this type of loan. I’m thinking about it and want to see if I can do it. It seems like something convenient and good, but it seems not. I hope that makes sense. So, if you know of anything, please let me know.
Also, does anyone have…[Read more]
The person above wrote an excellent idea. Really, what if you take out a full construction loan and then just split it up? That would reduce the risks in case you can’t split up the property. It would all depend on your preferences here. I think it’s worth researching lenders’ offers and choosing the most appropriate loan rate. Based on that, I…[Read more]