9 to FI - Financial Independence Conversations

Add-On, Move, Do Nothing? Elliot's Housing Case Study: Part 1 | 9toFI 018 | 9 to FI Podcast


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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

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9 to FI - Financial Independence ConversationsBy Elliot and Josh