I just want them to be completely informed before pulling that "Big Ticket" trigger.

I am excited to get started and hopefully gain confidence to pull the trigger on an investment property. 

@Schaan Donaldson this would be a prohibited transaction and could cause the entire IRS to become a distribution triggering penalties and taxes.  

I didn't realize this until I started the refinance process and was locked into a rent rate that didn't meet these requirements.   

Keep doing the research from now until you buy and keep saving up that money to be ready to pull that trigger.

Howdy BiggerPockets Fam, I feel like I'm in a good place  to finally pull the trigger and invest in my first multi-family property.

Thanks, Nick,did you ever pull the trigger on building in BR?

said that you are suggesting that, if someone lives in Alabama and want to invest in tax liens, he should have to invest only in Alabama locking himself with a maximum of 12% interest, and not taking advantage of investing maybe in the state of Florida or New Jersey which have a maximum interest rate of 18%.

I'm struggling overcoming the anxiety of pulling the trigger for a number of reasons, but I'm trying to build up the capital to eventually purchase an LTR portfolio.

Also, depending on the project, you might be able to lock in a good rate before interest rates climb any further.I’d love to hear if anyone else has invested in new construction properties, whether in Indianapolis or elsewhere!