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50
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17
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Zab Khan
  • Contractor
  • Fremont, CA
17
Votes |
50
Posts

Best option to finance a 1 acre parcel?

Zab Khan
  • Contractor
  • Fremont, CA
Posted
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

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