Comment on Land acquisition question - Two Car Garage

• Num10ck@lemmy.world ⁨1⁩ ⁨year⁩ ago

  maybe buy the land cash for now, and wait on the improvements while saving up and planning

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  • dag06001@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yeah that’s the plan for now. I’ll need to take down a few giant pines back there and grade. All that can be done this year probably. I wish heloc rates were still low, locked in at 3% for the home.

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    • Num10ck@lemmy.world ⁨1⁩ ⁨year⁩ ago

      the problem with HELOC is your house is collateral… if you cant make the payments you lose your house.

      maybe figure out how to build the structures using the pines. maybe figure out how to make money with the space.

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