Okay, for YEARS I have been pitching the idea that before buying a house you should save up a 20% down payment. A 20% down payment means that you avoid paying PMI and are not forced to do escrow for property taxes and insurance. By saving up 20% you also …
I bought my first home in Benton Harbor, MI for $48,500 at the age of 20. This move was the stepping stone that got Mrs. C and I on a solid path towards building wealth. I still own that house, although I moved to a house on a larger piece …
I thought I had come across a great deal when I bought the railroad bed behind my house for $3,500 (and I did), however I recently found that in some cities even better deals can be had to expand your yard. NSP stands for Neighborhood Stabilization Project. In Benton Harbor …
Earlier this year, Mrs. C. and I purchased a section of abandoned railroad bed from the previous owner for $3,500. This section is listed as being 4.5 acres and runs approx. 3,000 feet at a width of 66′. Before we purchased the property we did some research to figure out exactly …