All Forum Posts by: Collin Chupp

My wife and I are looking to make an offer on two detached garages that are for sale along with a house in our local area (Winona Lake, IN). While we are not interested in buying the house, we want to purchase the garages (split the lot) and convert them into "Tiny houses". Is there any one out there doing this? If so, what should we know before proceeding (Outside of local codes, and permits)? Also looking for advice on making the offer to split the property as it is currently for sale as a whole.

Thanks for any advice you have!

@James Krahula I am in a similar situation. I haven chosen to pay down debt. 48k in loans has been paid down to 8k so far. I should have the rest paid off in the next 4 months. Personally I have chosen not to over-leverage myself in hopes of building credit and and maintaining a low loan-to-income ratio. Have you tried to find a hard-money lender that will fund 100% of a deal based on solid plans for a great deal? That is something I am looking at in the mean-time.

Best of luck either way!