spidey
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I let DH read your post and he studied the pictures- we both love that kind of stuff. He totally wants to move out there!
His opinions were all good as are mine. It looks like you could live there during the renovation since the house looks to be in livable condition since it has windows, doors and roof, but it would be nice to know if it's safe to have the power and water turned on right away. It looks like a flipper ran out of money and never finished the job. And its not in really bad condition. Its not like the walls have been torn up in order for someone to strip it for copper wire. As long as you have competent friends and relatives, they should beable to take a look and make sure the foundation and structure are okay and none of the repairs are major. Me and DH have put up walls, drywall, floors (wood and tile), plumbing, electric.. etc. When it's your 1st time it takes awhile, but it really isn't that hard. As long as you're not afraid to give it a try and make a few mistakes along the way, it's actually really nice to make the house exactly how you want it. Plus if you have people willing to give advice or work for beer and pizza, it's perfect
Paying with cash sounds great :thumbsup: I recommend making a list of all the repairs and renovations (in order of most importance) and then taking a trip to the hardware store to see how much things cost. Supplies alone can add up quickly- me and DH were just at Home Depot today pricing out sinks and flooring for our downstairs bathroom. DH renovated the entire basement- he put in drywall to section off his woodshop, flooring, electric, lights, and insulation for $800. So repairs like that are relatively cheap. You can put in a new kitchen relatively cheaply too if you do it all yourself- even new appliances are inexpensive as long as you don't buy fancy ones.
Would you buy this house soon after DH returns this month? If so you could get started on the more important renovations right away so you and Emma could have a nice place to live when he gets deployed again. I know you don't want a loan, but if you needed it, you could take out a 10,000/ 15 year mortgage to pay for the immediate repairs. Then pay off the mortgage quickly so you don't have to pay too much in interest. I've been paying off my mortgage as fast as possible since I hate having debt so I know exactly where you're coming from. Thats why we looked at trailer homes for so long since we had the cash to buy one- but I hated the thought of ground rent so we trashed that idea.
I'm so excited to hear more about this house!! I hope there's nothing major wrong with it and it's all mostly cosmetic. The room sizes are nice too- very close to the sizes of the rooms in my house and I've been really happy with my house and the amount of space I have. Do you need AC in Indiana? Is it 3 bedrooms total with 1 bedroom upstairs? I couldn't quite figure that out from the description. I would love to be upstairs in a rain storm with that tin roof Rain storms and tin roofs are a major turn on for me
His opinions were all good as are mine. It looks like you could live there during the renovation since the house looks to be in livable condition since it has windows, doors and roof, but it would be nice to know if it's safe to have the power and water turned on right away. It looks like a flipper ran out of money and never finished the job. And its not in really bad condition. Its not like the walls have been torn up in order for someone to strip it for copper wire. As long as you have competent friends and relatives, they should beable to take a look and make sure the foundation and structure are okay and none of the repairs are major. Me and DH have put up walls, drywall, floors (wood and tile), plumbing, electric.. etc. When it's your 1st time it takes awhile, but it really isn't that hard. As long as you're not afraid to give it a try and make a few mistakes along the way, it's actually really nice to make the house exactly how you want it. Plus if you have people willing to give advice or work for beer and pizza, it's perfect
Paying with cash sounds great :thumbsup: I recommend making a list of all the repairs and renovations (in order of most importance) and then taking a trip to the hardware store to see how much things cost. Supplies alone can add up quickly- me and DH were just at Home Depot today pricing out sinks and flooring for our downstairs bathroom. DH renovated the entire basement- he put in drywall to section off his woodshop, flooring, electric, lights, and insulation for $800. So repairs like that are relatively cheap. You can put in a new kitchen relatively cheaply too if you do it all yourself- even new appliances are inexpensive as long as you don't buy fancy ones.
Would you buy this house soon after DH returns this month? If so you could get started on the more important renovations right away so you and Emma could have a nice place to live when he gets deployed again. I know you don't want a loan, but if you needed it, you could take out a 10,000/ 15 year mortgage to pay for the immediate repairs. Then pay off the mortgage quickly so you don't have to pay too much in interest. I've been paying off my mortgage as fast as possible since I hate having debt so I know exactly where you're coming from. Thats why we looked at trailer homes for so long since we had the cash to buy one- but I hated the thought of ground rent so we trashed that idea.
I'm so excited to hear more about this house!! I hope there's nothing major wrong with it and it's all mostly cosmetic. The room sizes are nice too- very close to the sizes of the rooms in my house and I've been really happy with my house and the amount of space I have. Do you need AC in Indiana? Is it 3 bedrooms total with 1 bedroom upstairs? I couldn't quite figure that out from the description. I would love to be upstairs in a rain storm with that tin roof Rain storms and tin roofs are a major turn on for me