All Forum Posts by: Randy Thibodeaux

My sister and I are inheriting a house my grandmother built in the early 1970s. The previous caretaker abandoned the house for the past 10 years after a large tree fell on the roof. Roof has many leaks, inside is a mess. The property is a brick house in a decent neighborhood. All electrical and plumbing are from the early 70s. House is 4 bedrooms and 2 bath, maybe 3,000 square feet or so. This was my childhood house, so there is intrinsic, sentimental value in keeping it.

I have no idea about how much it would cost to rehab? Should I even be thinking about rehabbing? The city wants to demolish the house. Should I tear it down and rebuild something newer? Your thoughts?

I'm in the process of completing a teaching credential and will have FT work soon, was thinking maybe I could get help with first time mortgage being a teacher? 

I'm a substitute teacher and a part time bell boy at a hotel. My rent is $1,785. If I have a spending problem, its cause I'm spending too much on rent. 

Wife teaches college FT, salary $58k and side hustles an extra $20k

My wife and I have been renters for 14 years, despite above average income. We want to get our first house together. What can we do to get started? We both work 2 jobs, just to keep in the same place, not moving forward.

I've spent the past 2 years slowly increasing my credit score from high 500s to low 700. Paying off CC's, no money saved for down payment at this time.