TheOlympian

In 2017 my landlord raised my rent from $1k to $1100 a month for the place I rented with my daughter because I finally broke down and got her a dog. I was annoyed because this wasn’t in the lease but I was month to month by this time and figured I could probably get a house around me for the same cost and at least I’d be building equity. I closed in 2018 on a $120k fixer upper on 12 acres. I got a $30k rehab loan and my mortgage/insurance/property tax payment ended up being just over $1100. I spent 7 months in major renovations.

Fast forward to today, I have a 2.875% mortgage rate with just over $1000 a month all in payment (early COVID refi saved me about $100/month), my house was just appraised for $415k, and I was able to sell 5 acres of the land for a total of about $160k.

A free shelter dog ended up turning $150k into $575k. 10/10 would recommend.

Much appreciated!

Looks like the code is dead.

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If anyone has one to spare, I’d appreciate it.

This was something I and many other progressives were wildly critical of the Biden administration for abandoning. I’m glad to see this was rectified and hope this story spreads.