Skip to main content

Purchasing two lots together?

Hi everyone. Prefacing this with I'm going to ask my loan officer, but it's Sunday and he's not in the office today!

My husband and I are looking to purchase undeveloped land, and we plan to build a new house on it. We saw a lot today that is 2 acres, and the owner is also selling another 2 acre undeveloped lot next to it. We are interested in both lots, but not sure how that works with financing. We have are using a construction loan that includes purchasing the land, construction, and then closes as a traditional mortgage. How would this work if we were to purchase both lots? Is that even possible?

submitted by /u/juliolovesme
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/r49a7p/purchasing_two_lots_together/

Comments