Investor Mindset
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago, 01/31/2024
Stuck trying to make a decision
Little back story. I Have been trying to get started on real estate for about 3 years now, my wife and I were close to pulling the trigger on a property when a plot of land came up at a discount price. We’ve always wanted land to build on, been together for 10 years. Anyways, we bought the land, cut the timber off of it and essentially got our down payment back plus some. My dilemma is, should I start building or take the money and look for a property? Building would put me at a 5 minute drive to work vs 30 min currently and we would be down sizing bringing our mortgage payment down and we’d be in a happier place. Doing all of this would delay investing.
Thoughts? Suggestions?
Thank you all!!