Quote from @Shayan Sameer: Hello,real estate investors,I have a question for those with experience pulling home equity to fund new investments.

@James TobinJames, congratulations on deciding to take the first step into real estate investing!

the OZ or Land REIT they filed with the SEC was revoked.

There are a lot of site-specific issues you need to investigate before deciding what the land is worth to you.

Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.

What is the best area in Birmingham to invest? Do yall prefer Fix n Flips or Rentals? 

Work with your CPA to allocate more value to land and structure.

Or maybe even the "Commercial Real Estate" forum.  

Quote from @Kyle Carter: The comps that come from local real estate agents will be the best for this one.

We plan to stay in this house for more than 5 years unless another great opportunity arises, but maybe it is best to allocate a bigger portion of savings to our real estate investment savings account than our home improvement savings account for the first few years.