Financing in Thornville>Question Details

Lyn Nelson,…, Real Estate Pro in Thornville, OH

I am a Realtor with 3 listings on Buckeye Lake. They are on Leased Land from an individual owner. I am looking for a Lender who will provide a

Asked by Lyn Nelson, ABR, Thornville, OH Tue Jul 20, 2010

mortgage on this type of property. Right now the properties range from $18K to $80K. Please advise. Lyn Nelson, ABR; DREAM Home, 740-503-1425 or lynnelson2010@gmail.com

Help the community by answering this question:

Answers

1
How long are the leases?

They must be longer than the mortgage, then it should be fine to do it with Fannie or Freddie.
Web Reference: http://fglick.com
0 votes Thank Flag Link Tue Jul 20, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer