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Updated about 1 year ago on . Most recent reply

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55
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19
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Michael Behr
  • New to Real Estate
  • Huntsville Al
19
Votes |
55
Posts

Garage conversion at the exes

Michael Behr
  • New to Real Estate
  • Huntsville Al
Posted

Merry Christmas,

I found a property after divorce before learning about real estate. I of course got approved and bought a house for that amount. I have been trying to get an investment property since. My ex wife and I are amicable with 2 kids. She has a 24x48 detached garage I was thinking about converting to live in. This may seem unorthodox. I am currently getting estimates for the conversion. My thought is I can convert this space and be closer to the kids and save more money and use my other property as a rental and have someone paying most of that mortgage. I would pay rent in the new space but should be able to save more until I could househack my next property 

Why are your thoughts on this thinking?

Most Popular Reply

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3,927
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Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
5,644
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3,927
Posts
Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
Replied

That would  sure put a crimp in dating someone new.  "Yes, I live in my ex-wife's garage."

  • Greg Scott
  • Loading replies...