<prompt> Human: My SO and I both mid 20s have decided to move back to his moms to save up for a house. We are planning to save my whole paycheck and live of his for 2 years which would give us enough for a down payment for a fixer - upper.We are both in the trades and know many people in the trades so flipping the house wouldnt be an issue. We thought thats what we wanted to do and then once its flipped, sell it and have enough money for a nice house to settle in. But we have done some research and learned that for the same price of the fixer upper we could buy land and build our own dream home just outside of the city and still have money left for furniture and stuff you need which would go to materials with the fixer upperI guess my question is what the smarter thing to do is? What would you recommend to do? Also I understand that the bank loans you the money when buying a house mortgage how does that work if I want to build my own house? Who would I speak to about that? The bank? Reddit? My problem is that we both want to settle and start a family when we hit our 30s no exact set time and I think buying the fixer upper in 2 years and flipping it and selling it would take a long time before we would be able to do that. I guess we still have some time to figure it out but I just wanted some input.Thanks  <response>: It is a huge pain to secure financing to build a home and even harder on undeveloped land. Not to mention the other challenges involved in a custom build. No way I would recommend it for first time home owners even if you found a bank that would work with you which I doubt. 