I think you would be made to sell hon. Its security and its something dame hard to get when your a single woman with 3 kids. Landlords are weird arses...I have a gf here sleeping on a couch at another gf's cause she has been trying for 5 months to get rental accomadation for her and her 2 kids after her hubby and her split
I still see that american guy around you....something is coming soon....gypsy van and the number 36
Stoopid financial market... 6 months ago you would have easily gotten an equity loan with a business plan and concept from the second tier brokers... Not the best deals, but it was a loan...
Can you get a business loan for starting up the business with the house as security????
matey we've touched on this before and like I said, I'm usually a huge advocate for renting when kids are little however my gut feeling is that you should stay put. I'll get my DH to have a read of your intro post and see if he can come up with any creative ideas. Maybe you should consider renting out your bungalow like Maz suggested.
Anyhow... I'll post again after DH has had a muse.
Afterthought: Hmmm, you could be sneaky and get yourself a F/T job until you get an equity loan. When we bought our first place I was working two jobs and we just scraped through the approval process. A few weeks after we moved in I quit one of the jobs (the weekend one). The bank didn't need to know. You might only need to work for a few months.
Last edited by Bathsheba; July 23rd, 2009 at 11:19 AM.
matey we've touched on this before and like I said, I'm usually a huge advocate for renting when kids are little however my gut feeling is that you should stay put. I'll get my DH to have a read of your intro post and see if he can come up with any creative ideas. Maybe you should consider renting out your bungalow like Maz suggested.
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