Updated over 7 years ago on . Most recent reply
Best option to finance a 1 acre parcel?
Hi guys,
So I am interested in exploring my options to purchase a 1 acre residential parcel of land in the East Bay Area.
My question, What is the minimum down payment that I would be required to come up before a lender would consider financing? I’m a GC and am seeking to purchase, and eventually build as my primary residence. I’ve heard around 50 percent down which seems high to me so wanted to get input.
Thanks