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I am finishing up a OB project. Financing was difficult, in the end it took a loan collateralized with an existing property. If you own a home, borrow against that, and when construction is complete, get a mortgage. 911 Rob may have a point about plain/resale, BUT if it is for you and you intend to stay, build what you want. Simple/plain can often be far more functional and efficient in terms of construction costs, space usage and heating/cooling. Look for smaller community oriented lenders, especially if you have "roots" in the community where you are borrowing or building, often the smaller banks can have tighter lending guidelines and a better handle on their loans than some of the larger institution, and they may be more inclined to consider a project that falls outside of their lending "book". Financing was definately the most frusterating aspect of our project. (Precast earth-sheltered)
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'86na, 5-spd, turbo front brakes, bad paint, poor turbo nose bolt-on, early sunroof switch set-up that doesn't work.
Malo periculosam, libertatem quam quietam servitutem.
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