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Tricky thing to buying land is the finance available for buying a home is not available for buying land. You can get a gap loan that will cover the land and the cost of construction until you have a habitable domicile on property at which point it can convert to a conventional mortgage but in general, the financial instruments available for homeownership are significantly curtailed for vacant land.
WanderingEng · 2849 days ago · link ·
I think I could swing the financing by taking a home equity loan on my condo. Or remorgaging it. Or something. I have enough equity there to cover it. I like the idea of hedging my bets a bit by owning land while also having the excuse to stay in my condo longer.