Sunday, November 14, 2010

What is required to buy a parcel of land for $5,000?

So, I know of about 12 acres for sale in my town for $5,000 an acre. I'm really interested in buying one. I can put about $1,000 down, but I don't have a lot of credit because I'm twenty and haven't had a job but for the last 6 months. What is the likelihood that the bank would lend me $4,000 dollars to buy it?


$5000

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