Our first "second" home

When I told Brian we needed to purchase my grandparents' house, he was completely against it. In typical Brian fashion, I had to present a detailed cost-profit analysis before he would even consider giving me any money.

Part of my husband's concerns are:

- the house has been vacant since my grandmother passed away in 2006

- it's in great disrepair and needs major renovations

- it's located in a transitioning neighborhood near a few duplexes

Part of my case to him included:

- the amount of equity in the home

- the cost of renovations 

- and a comparative market analysis of the neighborhood

My husband is highly analytical and even after my well-executed powerpoint presentation he remained unconvinced with the numbers. So, I was forced to go with a more professionally driven presentation: I cried.

Yes, he's analytical, but he's also very emotional...and it worked.

Now we own this home and I am so happy! I'll spend the next few weeks getting bids on the renovation work. 

And who knows....after I sell this one, I may want to purchase another second home.