Gottfried Green

We've been at a stand still since reaching our crossroads. We've been re-evaluating if financially it makes sense to build our house so soon. It ended up being over budget for us ultimately because we don't want to lose completely our entire nest egg all in one fell swoop. Building the house right now would mean that chunk of change is gone forever without ever having that much cash again. It also meant hopping back on the big mortgage horse that we had rode out of town when we sold out and left Brooklyn. We began thinking, is there anything we can do with the money we currently have now, an investment perhaps, that might turn in our favor a year or so from now?



Long story short, and it is a very long story, we fell in love- again- only this time with a commercial property in historic Old Englewood Village which is around the corner from our future home. It is a 1957 service station that would make a great restaurant. I haven't posted about it because it does seem to be madness but the more we thought about it the more we wanted to pursue the idea. We'll know more in a few weeks if this particular prospect will come to fruition. If the deal doesn't go through, the seller is going to tear it down and build a mini strip mall. After hearing that news we became more determined but we'll have to see. If the deal did go through, we'd have a really great commercial property, save a really cool building and hopefully create a new income source to help us get closer to our house on Gottfried Creek. We are just trying to set ourselves up for the best of all worlds while we still have some money to play with.