they need advice

[/u/McLovintoj]

a person with a newly built house, market value of approximately 2.3m considering to sell. the mortgage is 900k. they want to buy 2 (or 3 if possible) smaller homes with a good location, lot size, and development potential so they can develop or sell in 5-7 years. until then they will be renting them out.

is this a good option for them? what is the best way to structure this type of plan?

submitted by /u/McLovintoj
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they need advice
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