Land purchase and house build. Mm
Currently selling our second home and will be looking at 100k plus in profit. We want to purchase at least 20 acres and build our own home on it. Looking for guidance on the best way to go about it. I can 1031 exchange into land and have it payed off or should I be looking at something like a USDA loan for land and construction and use the 100k for down payment or something else. Also we currently have another mortgage on the home we live in now.
u/ghdstgvcf — 8 days ago