I am looking to save/ gather enough money to be able to put a down payment on a plot of land in the city of Waikoloa Village on the big island in Hawaii. The plot of land is half an acre with views of the Kohala Volcano, Mauna Kea Volcano, and view of the ocean/ sunset. I would be owner builder for the building itself, the building will be between 1,000 to 2,000 sq ft with potential for a second floor and a work shop attached to the garage. There will be a 2 car garage.
After building the home it will have instant equity and worth upwards of $500,000. The plot of land is priced at $220,000 and the building will be estimated to cost $200,000 to $300,000.
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