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Updated about 8 years ago on . Most recent reply

Building a house from scratch
Hello all! Just an RE investing newbie here! I live in the bay area, where it costs extremely high to purchase a home. I do have some savings and i was thinking of purchasing a piece of land (~$400k) and build a house (3 bedroom 2 bath at ~$300k). I of course can be off on the estimate of building the house.
Is this a good idea? Would the permitting take forever?