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[–] Creggieb 0 points 4 points (+4|-0) ago 

Ok. Wheres the 500,000 I need to buy a property without mortgage. I'd much prefer an interest free loan from your so let me know when the cheque is ready.

Until then in gonna keep paying my mortgage and anyone who is offended can feel free to lend me the money themselves. At no interest of course.

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[–] Tekedo 0 points 1 point (+1|-0) ago 

You can buy a lot and build a 3 bedroom house on it for around 200k anywhere in the country, even expensive liberal states. If you do it right in the right areas you can put 30-50k in equity into the property just by building a house.

Will you have to do a large chunk of work? Yeah.

Do you trust a contractor to hire untrained Mexicans to build your house for you at a 30% mark up?

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[–] Creggieb 0 points 2 points (+2|-0) ago 

I'd love to do that. It's a great idea. In fact that's kinda my retirement plan. I'm learning as many of the trades as I can so I will be able to supervise the work I cannot or will not do, in addition to doing much myself or with friends. I work in new home deficiency repair, so you are 100 percent right about rubbish work. But not everyone works poorly, and over my career i have met a few like minded people and we plan on buildingng our retirement homes in a rural area, ourselves

But that needs 200k. I wont have that until I sell my current home, which I needed to borrow some money to have. The alternative for me was continuing to rent, while my nest egg grew at a far lower rate than inflation, or even the growth of property values in my area.

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[–] 4thUsername 0 points 1 point (+1|-0) ago 

This is gold. Any of you know where the full video is or any other parts?

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[–] by2inthemorning 0 points 1 point (+1|-0) ago