750sq ft? ew
I'm getting evicted from my apartment this august for get this..TOO MANY PETS. i pay them 50 bucks extra a month plus gave them an extra 270$ additional pet deposit, but because i have more than one pet out i go.
So anyways, everything happens for a reason and works out in the end right?! We are getting involved with a friends mom who purchases foreclosed homes and fixes them up. She's agreed to buy a home for us, give us the money to fix it, and then sell it too us. In exchange we do all the work/labor and build sweat equity. Its a good deal all around.
cept she pushing for us to get this 750 sqft home to remodel. She says we should start out small and then get a new house in a few years thats bigger. I dont want a home 100 ft bigger than my apartment.
am i being too picky? should i just grin and bear it for a few years until we can obtain a mortgage and can sell it ourselves? The other two houses we wanted to get into are already are pending. I have a about 30 days so its not alot of time. and she is doing us a HUGE favor
so grin and bear it or be picky?
Example, a friend of mine bought a 750 sq ft home for 69k, turned around and made a 10k profit, on TOP of realtor fees when she sold it a couple years later. They bought a bigger home and had a baby girl.
It's smart, start small.
it's incentive and smart business, all rolled into one.
The only exception is if it's right downtown in a major cosmopolitan. Then you have places to go and people to see.
Equity 4TW. Fix it up, in a couple years move, make a profit, get a bigger house. Nothing wrong with that. :)
rikr am teh smaat.
in the past 3 days we've looked at 21 houses. I'm about to throw in the towel!
I live outside of detroit and even the people IN the city dont want to be there, its a trash hole!
We talked to the lady again today and she said shes definatly buying it for repair, and if we find something else that we cant get into until later then we can stay there, or we can just choose it. I guess i will wait and see what these last 2 houses come back from the realtor as. We've been waitin on them.
thanks guys! /hugs
I also would prefer a small house or a townhouse, and ownership of it so no one can tell me I need to ditch my little furballs... but I agree with everyone here. Go small and affordable, and bide your time. In a few years you'll profit and move onto bigger, prettier things. And it's great you have a friend in the business to help you.
And big thumbs up for not just ditching your pets! I see that far too often as I work with animals... so happy to know that there ARE folks out there who don't consider their pets something to be given away if things get rough...
Good luck with it. :)
And i'd rather be booted out than get rid of my babies! They are like family! i couldnt even take them to my moms house for the next 4 months because theyd be upset! heheh
I live in clinton township now crickett! it's prolly 45-hour away from Novi. I work in Troy and wanted to move closer but there really isnt much out there that isnt too ghetto.