Bought a HUD home out of town for 107k. The commute and repairs drained us for a few years and we decided it was time to refinance. We got a huge surprise when we were told our house was worth close to 300k!!!!
We decided to sell, pay off debt, and buy a house in town. No more commute and got a house we never thought we could ever afford.
I'm now addicted to real estate, working on getting my license and thinking of using my equity to flip more houses.