What do you think about this?
Dear memebers,
All of you must have had experience on purchasing your first house right?
I am thinking about purchasing my first house.
I am too young to afford a real house. So I am looking at the modular houses.
They are not mobile homes, they are built homes ranging from 900 to over 3000 sq ft with a wide variety of floor palns including cape models, ranches.
I have considered their fair value might not be as much as the "real" house, but I don't have to sell them, I can always lease it after I get my second real house as kind of investment, right?
I am thinking that I will have people build a solid foudation, and purchase some acers in a good neighbourhood,.
Additional information, the one I am looking at in front of me, is a "willow" 1248 sq feet 3 bedrooms 2 baths. The base orice is $33,600.
What do you think about my plan? Any input is appreciated.
I know I work hard and I should be able to manage my finance well.
PS. I just don't want to rent and throw my money into water,lol. I want to own one!