My partner and I have a small amount of money saved and are considering taking out a land loan to purchase a small lot which we hope to build on someday. If we finance this property as people who have never bought a home will this affect our eligibility for first time homebuyer benefits if we choose to take out a mortgage (unrelated to this property) in the future? Thank you in advance for any advice.
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source https://www.reddit.com/r/RealEstate/comments/13u2945/first_time_buyer_land_vs_home/
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