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Updated about 8 years ago on . Most recent reply

User Stats

18
Posts
4
Votes
Wenhao Leu
  • San Jose, CA
4
Votes |
18
Posts

Building a house from scratch

Wenhao Leu
  • San Jose, CA
Posted
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?

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