I could decrease my 401K to 6% instead of the 29%.

our lender allowed the adjacent lot to be sold off (released it) but required some of the proceeds to be applied toward the overall property loan as the loss of the lot does decrease the value of the holding.

Your income situation changes and you pay more on the loan.Investors can generate more monthly positive cash flow due to the decrease in payment.

Are there any projects slated in the area that would increase/decrease the value of the land in the future?

I am new to MD and looking into ways to: 1 - decrease debt2) increase FICO score3) save money4) buy my first homeI look forward to chatting with you all.

Recently the values in the area have neutralized and there are many fsbos and lot of homes on the market, many people believe the value will begin to decrease because of the competition.

The risk of this kind of investment is that the value will decrease instead of increase.

Now that I have established my business at this level my risk tolerance has dramatically decreased.

Decreased marketability and less options for financing them when you are a buyer.For example:FHA creatively provides no money down financing with a 3% grant.Nothing else does..Fannie Mae will do 95%Beyond that it is 10-20% down.

In reference to a rehab, you would need to factor in longer sell times and decrease your sell price significantly, but if you are offering a better house, 10% or 15% cheaper than other houses on the market yours will be the one to sell.