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Updated about 7 years ago on . Most recent reply

Blake Culwell's profile image
Blake Culwell's profile image
Blake Culwell
  • from Norman, Oklahoma
  • Member since Aug 12, 2016
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Blake Culwell's profile image
Blake Culwell's profile image
Blake Culwell
  • from Norman, Oklahoma
  • Member since Aug 12, 2016
Connect
Blake Culwell
  • Norman, OK
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Buying & Selling Real Estate

Land purchase for future home

Blake Culwell
  • Norman, OK
Posted
I am looking at purchasing some raw land to build my home on. I'm looking at buying with cash from a personal lender then making a few improvements (running electric, water, building, pads, etc.) then approaching the bank for a construction loan and mortgage on the land and home. I am just trying to avoid having to pay a ridiculous amount down on the land. Any advice on if this is a good idea or not?
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