In two more hours I will go see a 4-plex that may become my eco-plex dream. Or not, we’ll see. Last Saturday I looked at another 4-plex (that I couldn’t really afford anyway). It had been on the market for over 2 years, and just when I see it, someone else made an offer that I couldn’t match. It wasn’t meant to be.
Why am I doing this?
- to expand my personal environmental influence a bit
- to be able to put in a garden and not have to ask the landlord’s permission
- because there isn’t a cohousing or other intentional community available to me in Anchorage that I know of
- to quit throwing away my money on rent
This blog is meant to be a record of my experiences in this experiment for the gain of others, so that I don’t have to individually tell everyone what is going on by email, and so that others may comment and give me good suggestions.
So far I have held a responsible job where I was not living on the edge of poverty for almost exactly 2 years. In that time I have amassed enough money to pay a 2.5% down on an FHA (first-time homebuyers) loan for a modest 4-plex in Anchorage. My income barely qualifies my for the loan I would need for the place I am seeing today (asking price of about $275,000). Now I am actively hunting for an appropriate property – mostly, unfortunately, that means one I can afford. I am also restricting myself to easy bike-commute distance from work, my 5-year old’s school, my CSA pickup, etc. I would like a yard that can grow lots of food and south exposure too.
Anyway, I’ll let you know how the viewing of this 4-plex goes!