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Reply to "Recovering from a real estate mistake"
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[quote=Anonymous]Op I get your pain. Was in similar situation back in 2009, purchased the wrong lot for a new build. Regretted it the minute after signing closing docs. We hated the location. Market tanked next year or so would have lost est $200k dumping it. Moved forward to construct the home, lived in it and then sold in 2023 - about 10 years later. Instead of losing $200k, we made about $500k! Patience and time is your friend. Either rent it out or construct new. Don’t give up. [/quote]
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