The provider I am using allows for 60 days of continued coverage once construction is completed.

That’s if you are on top of everything don’t have to fight insurance for a full payout, have an architect you immediately start working with drafting plans and pulling permits, secure a construction loan, and hire a contractor who prioritizes your construction.

➡️Embrace continuous growth.

My biggest question is this: do you think I should continue to rent for now and prioritize tackling loans?

You can try and fight it but does not mean you will be successfulI would also be curious to see what your property insurance looks likeFor me this is just another example that home prices are gonna eventually have to soften as between taxes, insurance and Interest rates home affordability is very challenging

We plan to spend the next 6-12 months continuing to earn and save, as well as nail down a final market we want to househack in.

Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

I currently have around 100k tied up in sticks right now which I would prefer to leave in and just continue to save with the plan of getting a place in the next few years, I would get a second job to raise the funds.

I am excited to introduce myself as I continue to learn about the world of real estate investing. 

I would be happy to share my experience in knowledge in this area (MA and RI) as I continue to look to build my portfolio.