/biz/ - Business & Finance

>Have 50k liquid
>see inflation coming miles away after the printening of 2020
>decide to put money into an asset
>go to mr bankman while things were still relatively normalish and not completely clowned out
>take loan for $125k with 25% down to build a barndominium on my 3.2 acre plot
>10 year note at 4.5% interest
>bought plot in 2018 for $12k (lmao)
>walking distance to a dollar store/gas station/post office
>2 miles from public recreation area of lake texoma in southern OK
>rural but has things going for it
>felt lot was way undervalued at the time, bank seems to agree and finds it acceptable collateral
>find a local metal building fab & erection guy, talk options out, get quotes.
>decide to go with a 40x60 as the base
>customize building how I want it during process
>partition wall divides building into 40x40 workshop and 40x20 living space
>mezzanine above living space extends over porch, adds additional 40x32 living space
>building was finished a few weeks ago, got electric & water meters installed, put lights in it
>having concrete sealant finish applied and close cell spray foam insulation installed
>at ~$100k as it stands now, will be using the remaining 25k + personal income to DIY the living space
>2080sqft home + 1600sqft workshop/garage for $125k
this is how u make it