I'm under contract to buy a 1.2-acre land lot, on which I plan to build my primary residence.

I have a strong credit score and expect I would be able to get approved for this mortgage.Monthly taxes = $155/month ($1,860 annually)Annual insurance = Estimated $166/month (~$2,000 annually)Annual HOA = $196/month ($2,352 annually)Maintenance = Estimated $250/month ($3,000 annually) (0.5% of property value given that this is a newer build.

Brand new build, so no maint or cap-x for years making #'s simpler to flesh out

I have a decent apartment building in Hagerstown Maryland with a nearly useless garage.

Or are you at ground zero with no experience no cash and want to use real estate as a tool to build wealth?

U need money to transact in RE.. other wise become an Agent or a lender and make fee's to build up your money bucket.

Hi Michelle ,Another chicagoland wholesaler here....consider building out your own list by driving for dollars or getting government lists.

https://www.homedepot.com/p/GE-4-2-cu-ft-White-Commercial-To...Looking at option to purchase laundry machines for a multifamily building rather than leasing them through a company.

It was secure by a commercial building (owner occupied ) in an excellent location.  

There's four 1 bedroom/1bath in the main building and a garage apartment with a 1/1.I know fha 203k is only for 4 units.