Quote from @Brandon Gamblin: It's based on your goals.

You are rushing to get to third base, but you haven't stolen second yet.

@Rachel StahlmanIt won’t be a refinance but a purchase typically because you are not on the deed.If the land contract is recorded then possibly but typically since you are not on deed it’s consider a new loan

Hi bought ten lots of land in Sebring Florida its R# zoned paying for upfront construction cost need help with getting a mortgage once its built so I can continual to build on  the rest of the lots going to be about 18 homes made of containers I have 3 other investors working with me.

I have seen nice returns around Disney Land in Anaheim, Beach front properties do well out here as well.

In the end, it's your decision based on your comfort level.If I (my risk profile) were you, based solely on what is above, I would not go for the 3rd property at this point.

I am also concerned that at that point new HOA might have to raise the fees significantly or charge lumpsum to the condo owners based on something that might come up.

I commonly keep 3 homes purchased, 1 in which we continuously are remodeling 2 in line for renovation.This 17 door possibility would be to renovate as tenants move-out type bases.

I have a group of guys from out of state that want me to be their agent in buying, improving and flipping land.

Looking into single family houses or multifamily, as there is an actual land that you own and potentially build ADU/DADU in the foreseeable future.