Nick (Caller)

And so we're just trying to figure out our next move.

Should we rent?

Do we stay here and try to cash flow some repairs?

We're in baby step three, so we probably have $18,000 in the bank right now, and that's almost a fully funded emergency fund.

Yeah, we just redid the bathroom recently.

It was $15,000, and while doing baby steps two and three is what was going on at the time, we cash flowed that.

Yeah.

Trying to guess what an inspection might spit out and what a buyer might buy.

I bet you we walk out of here with 180 in cash.

That'd be net profit.

Sellers, fees, any type of things that pop up in the inspection, I bet you we still walk out with 180.

No, it really wouldn't.

Our interest right now is four in the low fours, and rates are floating higher than that.

And so even just to get an equivalently priced house, our payment would go up.

And actually, we'd break the rules out of 15.

Absolutely.

I think so, and it feels kind of like a Baby Step 3B, except instead of a down payment, it's going kind of into the house, which would probably help us on our next down payment.

Oh, the answer to that is definitely yes.

But also, I think we realize that at similar prices, we're not going to find...

Hey, Rachel.