What's next?

Now that we're home and we've decided to buy vs. rent what do we do next?

Sir House and I have decided to make the most of the time we spend in whatever house we purchase by building equity. We don't plan on just letting the house sit and grow money, though that would be cool...No. We're gonna buy a fixer upper, a real crapper! Then we're gonna fix it up, make it real pretty!

I know this might seem like a huge task, and really expensive, but I promise it will all be worth it! The right improvements can dramatically change the value of a home. The bottom line is: not a whole lot of people want to spend the time or money to fix a home. We're willing to spend the time fixing a home and because of that we'll be able to buy one for much less than many others on the market!

How you ask? We plan on using a 203K loan. This type of loan allows you to mortgage the cost of repairs to the home as well as the purchase price. Its a great loan for exactly what we're looking to do.  
As we move forward with the blog I'll explain little by little what I know about the process.