need advice on a loan

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Icon Mini Profile dancinhight




Joined: 02 Sep 2008

Posts: 5

1.76 Dollars($)
PostPosted: Tue Sep 02, 2008 5:54 pm    Post subject: need advice on a loan

property-$158,000 (8 acres)
New Modular- $100,000 (4 bdr)
Site work and misc. $20,000

Have $130,000 in cash! Need one loan, but 2 seperate transactions!
Icon Mini Profile sweeney
sweeney
Community Experts
Community Experts


Joined: 20 Jul 2008

Posts: 131

25.11 Dollars($)
PostPosted: Tue Sep 02, 2008 5:56 pm    Post subject:

Hello- I don't understand what you're asking.
_________________
Mike Sweeney
LionSaves.com - refinance debt

views expressed on this forum are my opinion as a mortgage professional, not legal advice
Icon Mini Profile dancinhight




Joined: 02 Sep 2008

Posts: 5

1.76 Dollars($)
PostPosted: Tue Sep 02, 2008 6:46 pm    Post subject: loan

Do banks offer a loan for 2 seperate transactions?
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 4291
Location: nevada
509.34 Dollars($)
PostPosted: Tue Sep 02, 2008 10:09 pm    Post subject:

Hi dancinhight,

Banks may offer loans for 2 separate transactions but can you tell me more about the transactions involved here?
JeffT

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PostPosted: Fri Sep 05, 2008 12:29 am    Post subject: Modular

I have some advice to share: DONT BUY A MODULAR!!! They are poorly made with inexpensive matierals which will not stand the test of time. They are also harder to sell, espically as they age.
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