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Hi I own a block of land outright and want to build a house on it to sell it. my question is am i able to use this property as equity and not have to take out a loan for the house or am i still going to need a loan from the bank?
Ray
Yes you can use the land as security for the construction but will need to borrow against it to fund the building.
Richard Taylor | Australia's leading private lender
thank you
Viewing 3 posts - 1 through 3 (of 3 total)
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