Updated over 6 years ago on . Most recent reply
buying a rental property to finance a home build
I am exploring the idea of buying a rental property as my first home. My goal is to use the income from the property to fund building a home or allow me to save at a greater rate so that I may fund the construction later down the road. Does any one have any experience in using a rental property to fund a home build? Or does any one have suggestion on cost effective methods of financing a home build? Any help in this matter is greatly appreciated. Thank you.