Add-On, Move, Do Nothing? Elliot's Housing Case Study: Part 1 | 9toFI 018 | 9 to FI Podcast
Description
In this episode of the Nine to FI podcast, hosts Josh and Elliot kick off a case study addressing Elliot's housing dilemma. They discuss the pros and cons of moving, building a new home, or expanding the current one, considering financial constraints and family needs. Elliot shares past experiences with contractors and the challenges of financing a large home addition through loans. They also explore different loan options like HELOC, home equity, and construction loans, contemplating the impact of these choices on their financial independence journey. Audience feedback and ratings are encouraged to help the podcast grow.
00:00 Introduction and Podcast Overview
01:05 Elliot's House Dilemma: Initial Thoughts
02:03 Exploring Housing Options and Costs
07:32 Financial Considerations and Loan Options
16:15 Family Dynamics and Final Thoughts
United States
