RE: Need advice on land purchase
Fieldmouse... that's actually something we tossed around. The problem is that we just purchased this house last year and it was a significant step up in mortgage costs from the previous house. We're still in kind of a "feeling out" period on finances. In doing the math, we'd end up with about 700+ a month out of pocket until we could get the principal down a bit. We just didn't feel right about extending ourselves that much right now. It may very well bea decision I regret down the road but that's the way it goes.
I do LOVE residential hunting.. if you can get around the stickiness of staying on good terms with the neighbors it's a gold mine