When the two of us bought this house, the two of us knew that it was actually out of our league.
This was tploy when the two of us first walked through the place with the realtor.
The asking price was about multiple grand more than the top end of our budget. And truthfully, the top end of our budget was stretching it already. But the two of us were able to negotiate the price a bit because the two of us were willing to replace the Heating & Air Conditioning machine ourselves. This brought the price down bigly plus allowed us to spend on good residential Heating & Air Conditioning. Still, my wife plus I knew that the two of us were sort of going to be pressed a bit to enjoy the quality heating plus air of this house. The mortgage was large plus it took up more of our budget that the two of us had hoped. But the two of us did something with the Heating & Air Conditioning that would change that for us. The home came with a fully finished basement. There was a bathroom, shower plus about 750 square feet of space. So the two of us had the Heating & Air Conditioning company install a ductless heat pump in the basement. With fantastic quality heating plus air in that space, the two of us were able to rent it out as an apartment. When the two of us first did this, the two of us weren’t exactly sure that the two of us would need to rent out the basement apartment. Yet, having the air conditioner down there was good for when guest visited as well. But when the pandemic hit plus the two of us both had to take pay cuts, that ductless heat pump downstairs saved our bacon. Both of us were able to cover almost 75 percent of our mortgage with the rent from the basement apartment.