OK, so I think all of you know that our house has on offer on it. Some of you have asked...where are we going to go? Well, Dan and I have had this idea for many years now of buying a duplex, living in one side and renting out the other for about 2-3 years and then we would move on to something else. We think that now is the time for that to happen. For the past week we have discovered that buying a duplex is a lot harder than buying a single family home. The financing is such a joke. The banks are wanting us to have so much liquid cash and then on top of that pay an additional 3% for taxes...all this after we pay 20% down. We are still going to get a duplex but now we just have to find one that suits us the best.
Monday, September 24, 2007
Posted by Cole Family at 1:55 PM