How much land?

[philwire]

play the lottery?

 

[tegguy]

play the lottery?

Tried so far major failure

 

[vartz04]

Thanks for the advice but in no way is my girlfriend in a bad or even close to it financial situation. Yes she owes more on her home than it's worth but not by much and a lot of Americans are like this currently. She has no student loans and hardly any other debt. She has a good paying secure job (She's and Engineer).

I myself have very minimal student loans and hardly any debt (car loan and house loan). I should (if everything goes well) be able to land a job with my degree (Aerospace Engineering) and background that pays what hers currently pays. If these things happen as we hope they do we will have no problem getting a loan for a house even if we keep and rent hers.

Once again I'm sorry but selling cars is NOT an option. I refuse to do it unless it comes down to loosing my house.

I was just checking but then you should be good. The only problem you will run into is being in the same line of work for over 2 years. And having the income records to back up close to what you will be making. Chase is super strict about all of this so I would suggest using a different bank. I got rejected there and had zero issues and got a lower rate using a local bank (that is just going to sell it to wells fargo but thats besides the point).

I am still thinking a 45ishx30ish with a lean to on the one side to park the trailer under. at 30' deep you could easily park 2 cars in the one bay back to back. leave another open and put 2 lifts in the last 2 bays everything should fit then.

 

[tegguy]

I was just checking but then you should be good. The only problem you will run into is being in the same line of work for over 2 years. And having the income records to back up close to what you will be making. Chase is super strict about all of this so I would suggest using a different bank. I got rejected there and had zero issues and got a lower rate using a local bank (that is just going to sell it to wells fargo but thats besides the point).

I am still thinking a 45ishx30ish with a lean to on the one side to park the trailer under. at 30' deep you could easily park 2 cars in the one bay back to back. leave another open and put 2 lifts in the last 2 bays everything should fit then.

We'll probably go through Wellsfargo when we do. I have been with them for 10+ years but we'll see I tried to get a car loan through them and they wanted to charge me an outrageous interest rate (like 6.5% on a used car with a very high credit score). I am thinking if I build small I can always expand later. I'll probably buy the land but build something to get buy for now and they add on as space is needed.

 

[vartz04]

We'll probably go through Wellsfargo when we do. I have been with them for 10+ years but we'll see I tried to get a car loan through them and they wanted to charge me an outrageous interest rate (like 6.5% on a used car with a very high credit score). I am thinking if I build small I can always expand later. I'll probably buy the land but build something to get buy for now and they add on as space is needed.

Be cheaper in the long run to build the fullsized building. Just the shell and floor. Then finish it out as time goes. Not putting the lifts in, the electric, plumbing, heat, ac, and all the other furnishings right off the bat will greatly reduce the initial out of pocket expense.

 

[tegguy]

Be cheaper in the long run to build the fullsized building. Just the shell and floor. Then finish it out as time goes. Not putting the lifts in, the electric, plumbing, heat, ac, and all the other furnishings right off the bat will greatly reduce the initial out of pocket expense.

It might be cheaper but as with every construction there is always stuff you wish you did differently and I figure if I build small it will be a good place to start and I can figure what I would want different on the additional part.

 

[crewchief888]

heres my $0.02

my current house is approx 1400 SF (raised brick ranch) with a full basement.
i wouldnt want (or need) a bigger house, but in fla, you wont have a basement. so i'd be looking for at least 2000sf

i'd look for 1.5-2 acres, enough room for the house, shop/garage, and at least 1 outbuilding.
have enough room between the house and garage for some noise "seperation", larger shed for lawn stuff/storage thats needed.
might even have an attached 2 car garage for DD.