I debated getting out of bed at 4am. Normally B has to pull me out of bed.
After my alarm has gone off 5 times.
We have been actively searching for our next home for the last few months, taking it more seriously by the day since my tenant moves out on Friday. We thought we found a home, then we found a better one, then a better one and so on.
We finally settled on one that would suit our needs for the next little bit and that was well within our price range. The plan was to pay it off as soon as we could so that we could start saving for a rental property since we enjoyed renting the condo so much.
We were just looking for fun at this point but it must have been fate because we found a home that came with the basement developed as a legal rental unit and fell madly, madly in love with it. I even liked the modern exterior. Wood and metal is a sure win over for me.
Image via Excel Homes
The downside was it almost double what we intended to spend. The arguement being that there is a tenant below helping pay down the mortgage. B even secured a tenant by asking his friend while I crossed my fingers that didn't jinx it.
Today I emailed our Mortgage Broker and asked her pretty please if we could have this home. I'm waiting to hear back so my heart is jumping at every other email I recieve wondering if it's her.
How very highschool crush of me.
It's a big investment but the way we see it is we can get this house paid down in half the time and when we do save up for the next home, this one becomes two rentals as a self contained basement and the upstairs. We then become ahead of the game.
I'm just hoping the bank sees it the way we do.
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