A Redditor in the fatFIRE community, with a net worth of $12 million, is contemplating purchasing a neighboring tear-down house for $1.7 million. This investment not only promises potential financial returns but also provides their three children with more room to play. Living in a high-cost area, the Redditor's family balances their current home valued at $4 million against their overall mortgage of $3 million. The opportunity presents both immediate lifestyle benefits and long-term financial strategy as they minimize neighbor interactions before potentially reselling the land.
"Buying land next door offers both immediate space for my children to play and potential financial gain, which is an attractive combination for our family's needs."
"With $12 million in net worth and a profitable investment opportunity like this, it’s hard not to seriously consider the advantages of expanding our living space while also securing our financial future."
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