Owner building to save labor costs
Owner building made it possible for us to get a home with low income. To be able to build a home and then have over 60% equity in it helps us with a financial stronghold where we otherwise wouldn't have had any equity in a contractor built home.
We have such a strong financial tool to get loans if we need to, but our monthly payments are also really low because we only had to finance such a small amount for a construction loan. The whole process of housebuilding is challenging to be sure, but it has many rewards. I remember seeing our house before we had siding on it and thinking, man, I've wasted so much money on this shoddy project. But it all works out beautifully in the end.
The house looked really ugly until we put on the siding.







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