In both scenarios we wouldn’t be living in it, plan is to rent it out. Possibly moving into it in 5+ years or resell.

A. Purchase an already existing home, slightly cheaper off the bat, however building year anywhere between 1950 and 1970. So quite old, constant matinence probably required Also much easier to get a loan for.

B. Purchase land and build a new home, $100- $200k more than option A, a year lag in being able to rent it out. But brand new home on location where value is going up fast. Harder to get a loan for despite the fact that we make over $215k a year combined-doable but more hurdles.