Our Wishlist

We found us a piece of property that Steve is really excited about.  I'm excited for the possibilities to be self-sufficient and to live basically retired and working the 19.02 acres that this 1792 sq ft modular home sits on.  Steve's excited for the same reasons and for having a shop.

A modular home?!?!  Hey, at least it's not a mobile home AND it's on a permanent foundation.

Other pluses to consider:

3 bedrooms

2 baths

2 car garage

AIR CONDITIONING

Culinary Well

Underground water rights for agriculture

Double-pane windows

BBQ Pit

19.02 FREAKING ACRES!!!!

He's so excited that he asked me to figure out how to come up with the 20% down that we'll need.  That's about $14,000 for this $69,000 asking price.  I racked my brains all last week and could only get us to 2/3 of the down.  This weekend we brainstormed together on what we could sell and where we could be creative in raising monies.  We woke up this morning with even more ideas and now we think we're there.  We need to list all our things, sell them, crunch the numbers and see if it'll work without putting our other investments in jeopardy, and then make an offer.

So far here's the list where we think we can pull from:

Cashing in a life insurance policy on the ex, the kids are all over 18 now and I don't need the policy.

Selling off:  6 goats, our 1989 Ford Escort, Steve's tractor mower, my ASUS Transformer Prime tablet, our hot tub, as well as small items around the house that we don't really use.

Take out the remaining available funds in our HELOC on the Magna home.

My HRA reimbursement.

Steve has some money sitting in an FHA refi from years ago.

Take a loan against one of our vehicles, bank says can loan as low as 2.9%.

Take a loan against my 401(k) at 4.25%.

And Steve has some cash that he saves up from extra money he finds in his wallet.

We won't be doing all of these items, but these are all that we brainstormed to see where we had resources to pull from. 

We don't know what all we can raise, but we're going for it with memories of purchasing our first investment home.  On that one it didn't seem possible, but we fought hard and kept trudging forward and voila, we got it!  It was a hard fight and so many hoops to jump through, every new hoop seemed like it was going to unravel the whole thing, but we jumped each time and succeeded.

For now, all we can do is dream......sigh.