Want to build a 3 unit apartment building, comprable units are selling for over $300, 000 now,what kind of loan would I need? 3 bedroom 1 bath each unit. Any ideas from developers,
I have land thats valued at $200, 000 can I use Land as collateral to build
Yes you can use land as collateral against a construction loan. As to loan terms and options, your most accurate answer is going to be found at a lender. I would suggest you go into some local banks and talk to them about your options and qualification requirements. Then you will know exactly where you stand.