50+ thread

Words of wisdom right there. I would like to have a little more ground. Of course I didn't anticipate having 3 rigs, a boat, a utility trailer, a hot dog trailer and 3 motorcycles.

 

I wouldn't sell anything like that. You'll just regret it later. You're still going to wanna camp and you probably are already well qualified, now it's a matter of price and location. Use your G.I. loan, get a no-no.

 

Worst house in the best neighborhood.
5 year plan, fix it, sell it and take that equity and buy your dream property

 

Good Eveningbeen on and off the grid with hunting season. back off grid tommorow as in No Cell Service. Disney’s Bambi On Ice is here. lean,low fat protien

 

Great advice

 

All great advice from everyone. Maybe consider buying just land and building. You could rent a trailer or live in a camper for quite a while while building.
Also, check rates from multiple lenders and ask if there are any rate discounts for auto pay, or having an investment account, etc,

 

Great tip, especially filling in where the field tiles had settled away from the cove base. Thx

 

Great plan. I used a VA loan and abought a long vacant condo in 2010. Dumped a lot of effort into it. They are selling for nearly 3x what I paid now, and I couldn’t rent anything decent for my payment. Should be paid off in 5 more years, to coincide with my retirement. (Hopefully!)

 

absolutely.

no matter how good you do it...... there are always things you could/would/should do differently.

got great kids, respectful, all work, pay bills & so what they are supposed to.
yes im a 3x girldad & sooooo many things i wish could do over.

just remember: wishing you could do better or different, doesnt mean you did anything wrong. experience is still the best teacher.

 

Try to put down at least 20% so you can avoid PMI.

 

...you're not fully versed...

 

It sounds like you're starting off in the right direction- getting prequalified. You won't get sidetracked with realtors trying to show you things that you can't afford. A few things I learned when I got my hut a few years ago- I was qualified for more then what I ended up borrowing for the house that I got. It saved me when I lost my job 2 years ago, as my mortgage is way less then any apartment rent ( close to where I used to work ). Look for a foreclosure, lots of potential for a cheaper buy in and faster build up of equality. I did what Andy suggested to you. I used my VA benefits to help reduce the closing costs, but it also hampered me as many of the houses that I wanted to get would not have passed the VA inspection process, so if You have preapproval for a conventional loan, you will have more opportunities to get a 'decent' foreclosure property.

solid advice.

 

evening all

 

Morning everyone

 

Good Morning!

 

Good morning everyone

 

R I P Rosalyn Carter, you will be missed.
She really pushed Habit For Humanity, one of many things that she was heavily involved with.