Experts Questions and Answers
Cory Kline, AMP
Hi, If you own an existing home with equity, your best choice could be to refinance your house and pay cash for the land.
It may be also possible to get a bank to lend you 80% of the value on a line of credit being $120,000 on $150,000
Your other option would be a private mortgage of maybe $110,000. 75% of the value of $150,000
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