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HOW TO GET A LOAN FOR AN OFF-GRID HOME
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 30182671:MV8yMzE1NDM0XzM5NDU5Mjk5X0ExNUVDQkI4] [quote:bigD111:MV8yMzE1NDM0XzM5NDU5MjYzX0M2MTMzRTY5] How much would it cost to lay in utilities? Could you pay for that then apply for a conventional and get enough money to cover the utility bill??? [/quote] You can't put in utilities until you own the property. You can't own the property without the utilities. Currently is will cost approximately 11K to install electric and 5K for septic tank and god knows how much for water. Not happening. [/quote]
Original Message
OK, I have found an off grid home, but without utilities banks will not give you a conventional loan. The only other option I can think of is a personal loan, but at a higher interest rate and lower term, this probably isn't going to work. Also owner financing is not an option. What can I do?
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