TopHot
Use a HELOC to buy raw land next door?
Use a HELOC to buy raw land next door? We have a house on some acreage, 7 acres. The lot next door has come up for sale at a decent price, which is about 10 acres. We would be adding the 10 acres, so it would increase the value of our home and land. The lot won’t qualify for a raw land loan since it has an old structure on it. Would it make sense to get a HELOC and use that money to...
Category:
