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Updated over 8 years ago,
REI wife and mom from NY
Hey all...so just a little background on my family and I. I currently work for an insurance company as an underwriter. My husband is a private music teacher. We are living in my grandmothers house while she is at a nursing home. We are trying to save the house and keep it in the family. The house that we were previously living, we are renting out. That house is still underwater or possibly a little above. We do not like renting, it's a really big headache for us. The people living there didn't turn out to be as good as we hoped. The rent is pretty Michu paying the mortgage. Nothing over.
What we would ultimately like to do is fix it up try selling it, maybe make a little profit and start flipping houses. I've been listening to a bunch of podcasts, reading and trying to get really educated. I'm wanting to go to seminars and also go to meetups to try and network a bit. My concern right now is where that money will come from to purchase. Not sure if a financial institution will lend us money...we'll see.
We've been trying for years to find something to get us financially free and I think this has clicked in both of our heads. We are very dedicated to this new venture and I have a lot of confidence in us.
Thanks for listening!
-Teri