Re: split equity | <– Date –> <– Thread –> |
From: Scott Cowley (scowley![]() |
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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.
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split equity Kate Taylor, August 25 1998
- Re: split equity Scott Cowley, August 26 1998
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