If i were to invest in a property what kind of loan should I get?

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In the near future i want to buy a piece of land, with no house, just land. What kind of loan should I get? A morgage is for a house right?

2006-07-13 06:48:46 · 3 answers · asked by jimoelfke 2 in Business & Finance ➔ Investing

Hi jim,

What you want is called a lot loan.

Good Luck,
~Trey

2006-07-13 06:52:47 · answer #1 · answered by ~Trey 3 · 1⤊ 0⤋

Invest and loan are two words that should not be in the same sentence. At least not if one person is doing both.

2006-07-13 13:52:58 · answer #2 · answered by Puppy Zwolle 7 · 0⤊ 0⤋

no mortgage is for land as well...prob not as much though....its still collateral

2006-07-13 13:52:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋