|
Post by Cassi Poor on Jul 11, 2023 17:34:07 GMT
I'd encourage that it not be a requirement for applicants to have the land under full ownership in order to be considered for this funding. A fully executed contract for sale of land and redevelopment should adequately suffice for submission of a funding request.
|
|
|
Post by Brian Green on Jul 20, 2023 19:53:53 GMT
Would the land be able to be used as collateral (10%) if it is a second position loan, to be paid when house sales?
|
|
|
Post by Brian Green on Jul 20, 2023 20:07:13 GMT
The current land owner being the 2nd position loan holder.
|
|