I’m a finance pro

A MONEY expert and influencer has told fans how they can snag a tiny home on a budget – if they can accept a few conditions.

Tiny homes have become all the rage as more and more people are looking to move out of expensive temporary housing and establish permanent roots in affordable locations.

One financial expert wants viewers to know that they may be able to fit their own tiny home into their budgets too, as long as they can stay flexible.

"So apparently you can buy an entire house on Home Depot for less than $2,000 a month," Sierra Nicole (@sierranicoleofficial) said on TikTok.

They are "offering a one bed, one bath, 540 square-foot house for less than $50,000" that can be installed on your property in no time.

The house costs about $44,000 if bought outright or can be financed for two years for $1,800, she said in the video.

"A lot of people may think that this is a grand idea, but there's a few caveats that y'all have to keep in mind before you jump the gun on this," she said.

Buyers need to remember that the sales price covers only the basic structure of the house, none of the amenities, utilities, or customizations.

"The actual builder of the home says that you pretty much get just these metal sheets and you have to put it together, you have to customize it, you have to put in electrical, plumbing, sewerage," she said.

"You pretty much just get a box."

In addition, you need to buy a piece of land somewhere to put the tiny home on and make sure that local laws allow for prefabricated homes.

"A prefab home is basically where they create all the parts of the home somewhere else, they deliver it to you, and you just pretty much put it together," she told viewers.

With over a quarter million followers on TikTok, Nicole's video gained almost 40,000 likes and hundreds of comments.

"It’ll definitely be more $$ at the end of the day, but I’m thinking as you expand your life you can expand the home <3," one person replied.

"It’s not cheap at all, building with block or timber would likely cost the same - buying the land to start with is the big money," another commented.

"It would be cheaper to buy a shipping container lol," a third wrote.