Posted by Shane on February 05, 2002 at 20:56:42:
Yes it is possible to obtain a lot loan. However that may not be necessary in your circumstance. Owning a piece of land (free and clear) will add credability to whatever real estate transaction you attempt to negotiate. Since you are wisely thinking small you may be able to leverage one asset against the acquisition of the other. This sounds challenging. I’d like to be a part in helping figure this one out. Email me with some more details and I’d love to research opportunities for you.