Advice...needed from some older wiser people

If you do this make sure you have an attourney to look over everything and make sure that if something were to happen to the seller that you still have total control over the property so if he passed his family or anyone else had no rites to take it from you or have any control whatsoever or else you lose it all money and property

 

Also checking property values in the state youll see undeveloped property is going for around 3500 acre

 

What I'm saying is don't get in over your head right off the bat. You're gonna be living in a truck anyways. Flip a couple and then pay cash for your homestead. Cutting property up takes minimal effort. Just good credit and a little smarts. You could have property paid for in 4-5 years that way.

 

I'd like to say I have the Midas Touch when it comes to real estate. But the reality is I have the Sadim Touch. I lose my *** every time!

 

Every thing I touch turns to Mold!!

 

At we have a small farm with aprox 50 acres 2000 sq ft 3 bed rm 2 bath hm that i built my self 8 years ago . we took a mortage # 140k just reduced interest around 4 percent i think our payments around 640.00 per mth . the land your looking at 175k is not a bad price, you would do better getting the money your self from a bank. make sure you get title insurance, survey, and power to property. also check on water well in you area. some time gettin power or access to property can be a problem. if you have any questions my wife was a loan originator at a bank for a lot of years she know all about borrowing money for homes and land. just send pm