The process is similar to buying a home, but investing in land is often more affordable and accessible—though it has risks that require a solid strategy.

The loan options for purchasing land differ from a home purchase mortgage and are usually more expensive. Land plots for sale ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...