I always wonder why don't people build their own houses. At least starter houses that is, not only that but rental houses too.
I mean for the down payment that you want to put on buying a house, you can wait and save a little bit more money and build your own house.
Building a house is not that complicated or that expensive as they try to make you believe. It is a process that you have to keep up with, I admit, and actually takes time. But it can be done. Start by finding out where you want to live . . . What state, what city and what neighborhood you want to live in. I strongly suggest that you go out of town to look for a land to buy.
You don't really have to go that far outside the town, just on the edge of it.
Experts say land on the edge of a town is the fastest to increase in value, it would even double in five years in some cases. Just to give you an idea a bout how much land you need to build your own house, you can build about 8 houses on one acre of land. But if you can afford it I suggest that you buy at least one acre. After buying the land, don't worry if you ran out of money. Now you have an incentive to save more money.