- My family owns the land and we will prepare it before building at no cost
- The home will be on the small side, and I believe $20,000 will be sufficient and even more than we need for the loan
- I don't know what loan I need. After a brief search I assume construction loan, but I'm not sure if I can take such a small minimum on a construction loan or if there is a better alternative.
- I'm also not sure how to pay back a loan, as this will be the first time I do such a thing, so some generic advice for paying back loans would be appreciated as well.
- Me and my girlfriend plan on marrying soon after the house is built, and she has a job too. I don't know how marriage works with regards to funds; I believe our funds will effectively combine, but I don't know how that will affect paying off the loan.
Thanks in advance!
Edit: Thanks to everyone who has helped. I'll be going to sleep now, but I'll be keeping all of what you all said in mind! Thanks again!
Submitted March 24, 2017 at 10:54PM by GrubBusters http://ift.tt/2nRzwFo
