We live in a 3 bedroom, 1 bathroom ranch style modular home in Southern New Jersey. We bought it in November of 2008 about two months after we got married. Since we have moved in we have put new flooring down in every room in the house (excluding the basement), have turned the one and a half bath into one large master bath, have repainted all the walls, done tons of yardwork and many more cosmetic tasks.
We owe about $117,000 on the house and have racked up considerable credit debt fixing er' up. But we believe the risk is worth the reward and hope to sell before November of this year.
We hope to make enough profit to pay off our roughly $40,000 in student loans.