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Updated about 6 years ago on . Most recent reply

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24
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7
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Ray Alvarez
7
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24
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Question about home building

Ray Alvarez
Posted

Hi everyone,

I'm new to the forum and had a question regarding home building. I managed to save up over a hundred thousand dollars and have excellent credit. I even managed to get a rough estimate on how much my bank would give me for a  construction loan and it was around 600,000. Before I do so I wanted to see if anyone has done this and if it was a good idea for an investment? I figured this was probably one of the toughest things to do as a first time investor in real estate. If anyone could give me any tips or locations it would be fantastic.

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