Mortgage-free, tiny home on a housekeeper's salary

Published on April 8, 2022

Popular vids top searched personal Debt Consolidation Loan, Tips To Become Debt Free, Home Debt Loan, Secured Loans, and Are You Considered Debt Free if You Have a Mortgage, Mortgage-free, tiny home on a housekeeper's salary.

Johnny Sanphillippo has never made more than $20,000 per year (he works as a housekeeper, as well as, a gardener and house painter), but he knew like “any other American” that he wanted to own his own home.

When he talked to bankers about qualifying for a home loan, “they look at you and their eyes glaze over and you realize, they’re going to give me a lollipop and send me home, which is pretty much what happened”. So he decided that if he went far enough away from his hometown of San Francisco he could find something he could afford to buy with cash.

He finally heard about a deal in Hawaii (back when oil was cheap and airline tickets were $99 from SFO) and for $3000 cash he bought himself an empty lot in a failed subdivision on the Big Island.

Without a loan, he knew he couldn’t afford to build a conventional home. He’d always loved tiny houses, but the permitting office wasn’t as enthusiastic about allowing him to build small. So he had plans drawn up for a conventionally-sized home, plus a 400 square foot garage. He just built the garage.

Once the inspectors signed off on his fully-equipped garage (which included a bathroom, utility sink, electricity, septic system, and rainwater capture), he let them know he wasn’t planning on building the house. Then he set about swapping the garage door for sliding glass and the utility sink for a regular kitchen.

Instead of relying on a loan to buy a house up-front, he had to do it the slow way, in stops and starts as he worked to pay off each step of the process. First, he saved up for a foundation, then the shell, then septic, etcetera, and today, 13 years later, the home is complete.

Johnny Sanphillippo’s blog:

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Are You Considered Debt Free if You Have a Mortgage

Are You Considered Debt Free if You Have a Mortgage, Mortgage-free, tiny home on a housekeeper's salary.

4 Ideas On Debt And Credit

The result is the quantity of money you need to earmark every month for your Holiday Fund. But to inform you the fact there is financial obligation all over. Some lenders may not co-operate in the least.

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