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Purchasing first real estate property

Hello everyone,

Disclaimer: I'm new to this sub and have no actual real estate experience.

I'm interested in getting into real estate and want to know what the experience will be like purchasing my first property.

I intend on purchasing an empty parcel of land and building everything on it from the ground up. I have created a few different budget scenarios, blueprints, and payback ratios depending on how much I'd potentially be spending.

I guess my question is, how was it like purchasing your first property? What were the biggest issues that you ran into? And what advice you give to someone just starting out?

Thanks!

submitted by /u/1A9D6
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source https://www.reddit.com/r/RealEstate/comments/hhqlet/purchasing_first_real_estate_property/
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