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For the homeowners, do you think it is wise to flip your home for a small house?
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[QUOTE="Alexandoy, post: 199624, member: 25510"] This idea came to my mind when I was doing the computation for my sustenance. The big money is coming but I don't have the slightest idea of how much I would receive as benefit related to my wife's employment. Our home is a good one that is constructed on a 280-square meter lot. It has 4 rooms and a garage that can accommodate 2 cars. It can be rented out for a good amount that can provide me with my livelihood. However, renting out our present home will necessitate me to rent an apartment or perhaps a room (for purpose of frugality). It is quite pathetic to do that but if my future is at stake then I would have to eat my pride to be renting in a small house or a room. Perhaps the best option that was on my mind last week was flipping our house. I would sell our house and buy a smaller one. If that smaller house is located in the rural area then the more that it would cheaper and I would have excess funds from the proceeds of the sale of our present house. That is a good idea although now it is moot that I do not need to do it. Next week when I receive the big money another option would be pursued and that is buying a townhouse to be rented to a tenant. [/QUOTE]
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For the homeowners, do you think it is wise to flip your home for a small house?
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