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Trying to purchase land and refinance
I need assistance on how to refinance my modular and purchase land to put it on and pay only one mortgage. Should I just try for loan for the amount needed, or should I go through the house buying process, any suggestions how to do this? My credit rating is fair, but my cash flow is low.

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It might be best to try to find a mobile home dealer first. They usually specialize in "Land/Home pakages". See if they have any available land. Also Modular homes loses its value rather quickly so unless you've been paying a boat load of cash to lower your loan; 9 times out of 10 you are probably upside down on your loan. So it may be a tricky situation trying to tie your home in with the land because you need equity especially with little money down. Also look in personal ads for a private seller, they can be more flexable. Good luck my friend.

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