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Updated about 1 year ago on . Most recent reply
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Garage conversion at the exes
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?
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- Rental Property Investor
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That would sure put a crimp in dating someone new. "Yes, I live in my ex-wife's garage."