Deerherd
Veteran Member
- Joined
- Apr 9, 2012
- Messages
- 1,053
- Location
- Upstate, NY
- Tractor
- LS P7030 CPS, 2016 Bobcat E42, Ferris IS3100z w/37 HP Kawasaki
What Eddie said is great advice provided your state/county/town will allow that. Never happen in the late great State of New York but I'm sure there are places in this country where people can still do what they want.
I suspect the real problem for the OP is securing a mortgage for the house he really wants. Interest rates may be low but qualifying is a whole different ball game. Securing a construction loan for a do it your-selfer is out of the question, especially if you have no general contracting or builder experience. And if you want to finance any amount of land other than a few acres, your lending choices go down dramatically.
I would see what you would qualify for in a mortgage and build a house that was designed with further expansion in mind. Building an addition(s) is much more do it yourself friendly and a lot less stressful on a marriage and your living conditions. I have two ex wives who will attest to that....."
I suspect the real problem for the OP is securing a mortgage for the house he really wants. Interest rates may be low but qualifying is a whole different ball game. Securing a construction loan for a do it your-selfer is out of the question, especially if you have no general contracting or builder experience. And if you want to finance any amount of land other than a few acres, your lending choices go down dramatically.
I would see what you would qualify for in a mortgage and build a house that was designed with further expansion in mind. Building an addition(s) is much more do it yourself friendly and a lot less stressful on a marriage and your living conditions. I have two ex wives who will attest to that....."