Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Lawrence Cox III
  • Highlands, TX
3
Votes |
18
Posts

Found property/need a loan

Lawrence Cox III
  • Highlands, TX
Posted

Hello, I am located in the east Houston, TX. I have found a property near me some one started developing for mobile home or RV use. They are asking $83,000.00. I still need to look at some comp's before making an offer. I should have no problem getting a loan to purchase. But how would I go about getting a loan to cover the development? Do I first worry about acquiring the property. And then getting another loan to finish the development?

Thanks in advance for your advice.

Lawrence Cox III

Loading replies...