|Re: split equity||<– Date –> <– Thread –>|
|From: Scott Cowley (scowleyaclis.lib.utah.edu)|
|Date: Wed, 26 Aug 1998 10:26:32 -0500|
We just all chipped in whatever cash we could find and got a construction loan. The bank was mainly concerned with the appraised value of the buildings. They liked the idea that we were all pre-qualified, but didn't much care if the ownership was going to be shared on down the line. I have heard of folks who built a fairly standard house, and then put a wall down the middle after move-in. Just work with your designer/architect.
split equity Kate Taylor, August 25 1998
- Re: split equity Scott Cowley, August 26 1998
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