I bought a small house that sits on .5 acres of land. My family and I have definitely outgrown the house and would like a bigger house. We would love to make use of the land we do have, but given that we have a current loan on the home, what would be our best option if we do want to build a home? Is there a type of loan we can probably qualify for that could possibly combine the 2 mortgages? Is there a program that I am currently unaware that could help us in this case? Selling the house and moving is an option but I would hate to give up on the piece of property we do have. Please help. Thank you.
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source https://www.reddit.com/r/RealEstate/comments/1f32jnv/i_need_help_figuring_out_all_my_options/
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