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Updated about 5 years ago on . Most recent reply

User Stats

151
Posts
13
Votes
Allen Lopez
  • Rental Property Investor
  • Baton Rouge, LA
13
Votes |
151
Posts

Building homes for a business

Allen Lopez
  • Rental Property Investor
  • Baton Rouge, LA
Posted

I’m just curious has anyone ever sold a loan to a bank? So I am thinking of starting a company where I would buy plot of land, build on it (probably with a loan) and the sell the property for a profit. I am guessing that legal and can be done but not sure how?

Any advice on this?

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