Question by ALA: We would like to buy the vacant lot next to our house while refinancing our current mortgage.?
We would like this to all be in one loan. Does anyone have experience doing this and do you usually have to buy the lot first and then refinance? If not, what kind of down payment is usually required to make this all happen? Thanks.
Best answer:
Answer by Viktor T
It will better if you have money for down payment to buy first and then refinance. But if you can’t just refinance. As I understood you need money for down, so if you do go ahead.
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2 Responses to Q&A: We would like to buy the vacant lot next to our house while refinancing our current mortgage.?