We found a home that is owner finance $400 down $250 a month for 3 years. It needs all carpet ripped out (we can do hardwoods under), boxing needs replaced, needs a couple of sheets of drywall, a kitchen sink, and every room painted. It is a 4 bedroom 2 bath house with a great foundation, good wiring, good plumbing, and is almost 2000sqft. I'm trying to get objective opinions. We are capable of doing all the work in a one month to two month time period. Opinions?
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It does sound great if everything checks out. I finally broke down and did the gofundme thing everyone keeps talking about, probably a waste of time, but time to let go of my ego! Inspector will check for asbestos this afternoon! nervous and excited!
I'm sure there are many people like me who not familiar with the 'gofund me thing', peeples. Maybe you could write a hub about it that includes your reasons for setting one up. Who knows, might help you get your kids into a new home. :)
It's not hub worthy, in my opinion it is awful compared to paypal. I just did it because several people told me it's where younger people are going for that now. Maybe I could get into it enough to write about it. Don't know yet.
Well let's hope for a good result from it. :)
Even in the worst circumstances $250 is possible per month! Waiting for the inspection this afternoon, and that will convince my husband one way or the other! Thanks!
This was my thought too. If we get all the cosmetic basics done and find the harder stuff is too much we could sell it, though I really don't want to, I just have to tell my husband this because he is nervous. Thanks!
Not to that house sadly, but maybe another one. Are there places you can put 'wanted to buy' ads for a 'vendor-financed home requiring minimal improvements to become safe haven for family with children.' ? Someone must have some good ideas.
Well, bummer. I'm sorry it didn't work out. Keep looking and spreading the word that you're looking, and maybe something else affordable will come into the picture.
At least you didn't get into it before you knew the extent of all of the needed repairs. Keep looking though because you may still find a great deal on a house that's in great shape.
Exactly my thoughts for now! Thanks