"I never thought we'd be homeowners. I thought we'd be renters forever. But I woke up one day and said, 'I want to buy a house.'"
"We ended up buying it. Immediately, my first thought was, 'This house is too small. It's not going to work. We can't do this.'"
"I made Derek promise me that if we were buying this house, then we would do an addition within five years."
"We had to go well above asking to get this house, and interest rates weren't great like they were during the pandemic."
Derek and Kate Feinberg bought a small home in Wayne, Pennsylvania, despite initially believing they would always be renters. They were drawn to the location, which is known for its beautiful neighborhoods. After purchasing the home, Kate felt it was too small and insisted on expanding it within five years. They faced a competitive housing market, needing to bid above asking price, and opted for RenoFi financing to secure a loan based on the property's future value.
Read at www.businessinsider.com
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