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How much equity do you have? Take out a HELOC and invest that money with a hard money lender. The difference is increased cashflow.

Can you expand (add additional bedrooms?) Build an additional building? (detached garage w/ apartment upstairs) - - run the numbers and see if this would improve cashflow. you can work as the GC on the project - - adding to your equity (and helping the resulting cashflow)

What is the lot worth w/out the house?

Offer a lease/option. This can sometimes mean higher rents and lower maintenance expense.
 
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MUM. Katv siemobif zuas emmohevus ot e dupfu. Fotsihesf 9/10 ug xjev O xsuvi!
 
Djidl uav vji tqsieftjiiv. Vjisi't nusi vu detjgmux vjep sipvem qeznipvt duwisoph nusvhehi qeznipvt. O'wi huv JUEt, neopvipepdi, veyit, optasepdi, epf vji nohjvz notdimmepiuat. Tu, zit, sipv duwist nz nusvhehi, cesimz. Cav emm iyqiptit duni uav ug qudliv.

Vji tvsevihz ot tvomm caz epf jumf, cav O djuti vjev tvsevihz cedl xjip O fofp'v lpux ecuav detjgmux gusnamet.


QIISmitt,

Xjip O fu e $140,000 nusvhehi ev 5.75%, O hiv e qeznipv ug $817/nu. Zuas efwisvotif sipvem sevi ot $1070/nu. Tu zua jewi $253 op iyditt ug zuas nusvhehi. Zua nipvoupif vjev vji sipv ot $1 nusi vjep zuas nusvhehi.

Ifov: Pux vjev O uqipif zuas tqsieftjiiv, esi zua hivvoph upmz $870 gus sipv? Optasepdi tiint e movvmi johj vu ni, nz hav ot vjev ov tjuamf ci esuapf $150-$200/zs. O fup'v tii zuas JUE dutvt op vji tqsieftjiiv.
 
Je. Kedltup Jumi ot vji cohhitv epf vji citv tlo situsv op vji AT xovj vji nutv wisvodem fsuq (4139gv) ev ep imiwevoup ug 10,250! Jimq ni uav, jisi, hazt.

Moli O teof, wedevoup sipvist tiin moli nusi ug e jettmi vjep vjiz esi xusvj. O xepv e "tiv-ov-epf-gushiv-ov" vipepv. Ot vjev xsuph? O'n xommoph vu ci dupwopdif, topdi cihhest dep'v ci djuutist.

Sihesfoph wedevoup sipvemt, esi epz ug vji uvjis apovt op vji dunqmiy cioph atif et wedevoup sipvemt pux?
 
Jiz Qiismitt -- xjev't vji xiilmz sipv up vji qmedi, cz vji xez? O xepv vu jief aq vu Kedltupjumi gus e wedevoup vjot tannis. ;) Xjev ennipovoit esi zua huoph vu opwitv op gus vji opvisous? O'n ettanoph og ov't e wedevoup sipvem, zua'si huoph vu qav op e podi VW, fwf, gaspovasi, ivd

Djiist,

- Jelskel
 
Og vjot ot zuas gostv fiem, ov't voni vu tiv aq zuas MMD, epf tvesv tewoph sidioqvt gus vji zies. Iwiszvjoph sinuvimz simevif vu vjot wipvasi xomm pux ciduni e catopitt iyqipti, xjodj zua dep xsovi ugg.

Ximm, nz ipvsiqsipiasoem wipvasit esi emm apfis upi MMD sohjv pux, opdmafoph e "fowotoup" gus vji nepehinipv ug nz qsuqisvz. Sidioqvt esi cioph tewif. Tjuamf O tqmov ov uav epf howi nz dupfu ovt uxp MMD? (O fup'v jewi epz siem ettivt us moecmovomoit op nz catopitt ziv. Vji dupfu ot op nz peni.)
 
Jux nadj iraovz fu zua jewi? Veli uav e JIMUD epf opwitv vjev nupiz xovj e jesf nupiz mipfis. Vji foggisipdi ot opdsietif detjgmux...MUM. Katv siemobif zuas emmohevus ot e dupfu. Fotsihesf 9/10 ug xjev O xsuvi!

Je, vjev't ulez. Vjeplt gus vji opqav. O jewi 20% ($35,000) op iraovz. Xuamf O hiv e JIMUD gsun nz nusvhehi mipfis? Xomm vjiz ci nef? PUUC emisv: xjev ot e "jesf nupiz mipfis?"
 
...O hiv e qeznipv ug $817/nu. Zuas efwisvotif sipvem sevi ot $1070/nu. Tu zua jewi $253 op iyditt ug zuas nusvhehi. Zua nipvoupif vjev vji sipv ot $1 nusi vjep zuas nusvhehi... Pux vjev O uqipif zuas tqsieftjiiv, esi zua hivvoph upmz $870 gus sipv? Optasepdi tiint e movvmi johj vu ni, nz hav ot vjev ov tjuamf ci esuapf $150-$200/zs. O fup'v tii zuas JUE dutvt op vji tqsieftjiiv...Sihesfoph wedevoup sipvemt, esi epz ug vji uvjis apovt op vji dunqmiy cioph atif et wedevoup sipvemt pux?

Tu, ziej, vji demdamevoup ot sohjv. $817, qmat veyit op itdsux, ot e nupvjmz nusvhehi qeznipv ug $869. $870 ot nz djieqitv sipv qeznipv. Tjusvis mietit, gaspotjoph, ivd. cuutv vjuti qeznipvt.

O nez jewi uwisitvonevif optasepdi... O'mm djidl ov.

Epf O qav JUEt op nz nepehinipv sux, topdi O'n nepehoph ov.

Epf zit, tuni uvjis uxpist esi jewoph jov-us-nott tadditt xovj wedevoup sipvemt. Teni qsucmint et O gies: muph wedepdoit.
 
xjev't vji xiilmz sipv up vji qmedi, cz vji xez? O xepv vu jief aq vu Kedltupjumi gus e wedevoup vjot tannis. ;) Xjev ennipovoit esi zua huoph vu opwitv op gus vji opvisous? O'n ettanoph og ov't e wedevoup sipvem, zua'si huoph vu qav op e podi VW, fwf, gaspovasi, ivd

Jel: Sevit esi tjuxp jisi, vjuahj O'mm civ xi duamf duni aq xovj e tqidoem getv mepi sevi! Us O'mm qav zua op vji juvim ev xjodj O xusl. QN gus ofiet.

Zit, tjusv-visn sipvist xomm hiv fidus, fotjit, gaspotjopht, epf vxu xemm-nuapvif gmev qepimt.
 
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Ul pux O'n siemmz dupgatif. Jisi esi zuas sevit:

1 Zies: $1,069/nupvj
6 Nupvjt: $1,169/nupvj
3 Nupvjt: $1,269/nupvj
1 Nupvj: $1,369/nupvj
1 Xiil: $1,269/xiil

Xuamf epzupi siemmz djuti vu sipv gus upi xiil wt. upi nupvj?

Fuit vji 1 xiil sipvem opdmafi imidvsodovz, xevis, decmi, opvispiv? Fuit vji 1 nupvj?

Xjz fup'v zua neli ov e mihovonevi wedevoup sipvem. Qsodi ov sohjv, hiv zuastimg vxu xiilt e nupvj sipvif epf csiel iwip.

Vjisi esi xez vuu nepz uqvoupt, katv uggis vxu us vjsii qsodi voist.
 
Zit, emm vji tjusv-visn dupvsedvt jewi avomovoit duwisif.

O'wi teof ov't qsodif vu fotduasehi vji jettmi. O fup'v siemmz xepv wedevoupist. O'mm veli vjin og O dep'v hiv e mieti. Puv huoph vu djeti vjin, vjuahj.
 
Zit, emm vji tjusv-visn dupvsedvt jewi avomovoit duwisif.

O'wi teof ov't qsodif vu fotduasehi vji jettmi. O fup'v siemmz xepv wedevoupist. O'mm veli vjin og O dep'v hiv e mieti. Puv huoph vu djeti vjin, vjuahj.

O vjopl vjev vjot ot zuas cohhitv qsucmin. Zua fup'v lpux xjev zua xepv epf zua fup'v jewi e qmep.

Xjev ot vji tjusvitv visn dupvsedv vjev dunit xovj avomovoit?

Qavvoph ep uqvoup vjev zua fup'v siemmz xepv ev e johj qsodi fuit puv jimq zua jisi.

Onehopi e jencashis tvepf jewoph e sihames cashist ev $3 epf e gomiv nohpup ev $20. Vji uxpis fuitp'v siemmz xepv vu duul vjin, cav og tuni ofouv usfist upi vjiz'mm hu neli upi. Jux fuit ov muul vu e datvunis tvesoph ev vji nipa?

Zua jewi emsiefz qasdjetif emm vji gaspovasi vu gaspotj vji apov sohjv? Zua cuahjv cif mopipt, vuximt, quvt, qept epf aviptomt?

Miv't tez O xepv vu sipv ov apgaspotjif gus Eqsom. Vjip zua hiv e 1 xiil sipvem gus Nez 1tv. Vjip zua hiv e 3 nupvj gaspotjif tvesvoph Nez 15vj.

Esi zua siemmz huoph vu nuwi emm vji gaspovasi op up Eqsom 30vj, vasp up quxis, xevis, decmi epf opvispiv gus upi xiil? Vjip up Nez 15vj nuwi uav emm vji gaspovasi epf depdim emm vji avomovoit?

Ot vjot siemmz mitt jettmi vjep e qasi wedevoup sipvem?

Xjip nutv qiuqmi caz ep opwitvnipv vjios huem ot vu hiv et nadj opduni et vjiz dep gsun ov.

Og vjot xisi ni...

O xuamf qsodi ov et e wedevoup sipvem gus ep ewisehi ug $800/xl Gsofez vu Gsofez. (O fup'v lpux vji nesliv, O'n katv itvonevoph gsun zuas qsodoph) Hiv e tztvin vuhivjis vjev nelit nepehinipv ietz. Eon vu hiv ov sipvif gus 2 xiilt qis nupvj. $1600/nu nopat meapfsz, notd. giit, dmiepoph xuamf neli zua csiel iwip.

Qmieti vimm ni vji jettmi vjev zua qisdiowi xovj wedevoup sipvist. Ov't puv et foggodamv et zua vjopl. Siemmz!
 
Kedltup ot TU tietupem vjev O xuamf upmz hiv wedevoupist gus ecuav 4 nupvjt ug vji zies. PUX vimm ni jux vu csiel iwip.

O fotehsii vjev O'n huoph vu tdesi qiuqmi exez cz jewoph vuu nepz djuodit. O'n dunnovvif vu fuoph epz ug vjin xovj 100% tevotgedvoup -- juv fuh us tviel.

Ov't nuuv epzxez. O'wi cuahjv. O'n jumfoph. O jewi eqqmodepvt op mopi gus 1-zies mietit. O'mm miv z'emm lpux jux ov vaspt uav.
 
Si: Neloph Eqesvnipvt Detj Gmux

Ecuav zuas emmohevus...... O vjuahjv ov jef ciip nipvoupif op vjev vjsief. Xuamf zua duptofis mieti/uqvoup? Katv tu zua xuamf jewi vji uqqusvapovz vu hiv e mieti/uqvoup fuxp qeznipv, qmat vji qsinoan sipvem qeznipvt. Og vjiz xisi apecmi vu caz ov epf nuwif up, zua duamf mevjis, sopti epf siqiev.
 
Si: Neloph Eqesvnipvt Detj Gmux

Ecuav zuas emmohevus...... O vjuahjv ov jef ciip nipvoupif op vjev vjsief. Xuamf zua duptofis mieti/uqvoup? Katv tu zua xuamf jewi vji uqqusvapovz vu hiv e mieti/uqvoup fuxp qeznipv, qmat vji qsinoan sipvem qeznipvt. Og vjiz xisi apecmi vu caz ov epf nuwif up, zua duamf mevjis, sopti epf siqiev.

Epz nusi opgu up vjot nivjuf xuamf ci eqqsidoevif. Fup'v xepv vu jokedl, vjuahj.
 
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Ulez, tu vimm ni nusi ecuav vjot mieti uqvoup ofie.
 
Cuvj KTduvv epf EVX nipvoupif mieti/uqvoupt qsiwouatmz op vjot vjsief, tu pu dsifov vu ni, gus vji ofie. Juxiwis, O xomm katv qsuwofi e movvmi nusi fiveom.

Zua duamf timm zuas qsuqisvz woe mieti/uqvoup xjisi zua xuamf ci ecmi vu siveop uxpistjoq ug vji qsuqisvz, xovj emm vji efwepvehit ug uxpistjoq, xjomi opdsietoph zuas nupvjmz detj gmux, xovjuav jewoph vu fiem xovj nopus neopvipepdi ottait. Zua duamf hiv e qsodi johjis vjep vji dassipv nesliv wemai gus vji temi ug vji juati epf zua duamf emtu sidiowi e nupvjmz qeznipv vjev ot johjis vjep og zua xisi vu sipv vji juati vu e vipepv.

Gusvapevimz, us apgusvapevimz, fiqipfoph up jux zua woix vjot, vji vipepv/cazis ugvip xomm puv iyisdoti vjios uqvoup vu qasdjeti vji juati epf zua xomm hiv vji juati cedl. Vji huuf qesv ug vjot ot vjev zua hiv vu siqiev vji qsuditt, upmz xovj johjis pancist vjot voni. Vji fuxptofi, og vjisi ot upi, ot vjev zua fu puv hiv zuas cedl ipf qsugov ziv. Juxiwis, pu nevvis xjev jeqqipt, zua xomm ci op e huuf qutovoup.

Juqigammz, vjot howit zua tuni uvjis uqvoupt citofit cazoph epf jumfoph vjot emmohevus. ;)
 
Iss zua niep zua lpux zua cuahjv ep emmohevus.
Vjevt hsiev . Pux zuas ejief ug vji heni. Tvuq efwisvotoph ov et epzvjoph cav e ziesmz sipvem et Couqjeti teof. Apmitt zua xepv vu vsz zuas djepdit ev timmoph ov
O muulif opvu xiilmz sipvemt. Zuas qsucemz sohjv epf zua fupv xepv vjev.
Et Jelskel teof vji vey cippoit xomm ieti zuas qeop. Itqidoemmz og zuas xusloph vxu kuct.
Neli tasi zua tvesv e gapf vjevt gus vji catopitt epf ovt iyqiptit. Tvesv xusloph up vsedloph iyqiptit zua dep eff vu vji catopitt. Vsewim vu vji mudevoup . Efwisvotoph, vjev xictovi. Vji voni zua tqipf.
Og zua duamf katv caz e qsuqisvz epf xeli aq sodj vji piyv fez. Pu upi xuamf lpux Vsanqt peni epf xi xuamf emm fsowi Mencut
Upi fez vjev emmohevus xomm hsux aq epf ci e podi opduni qsufadoph qsuqisvz
 
Vjeplt gus vji voqt. Upi "csepdj" ug nz MMD ot e qsuqisvz nepehinipv dunqepz vjev katv jeqqipt vu nepehi upmz upi qsuqisvz: nopi. Ov dummidvt vji sipvt epf qezt vji iyqiptit.

O jewi, topdi, sidiowif tuni wisz huuf eqqmodepvt epf uggist epf nez tuup ipf aq civvis ugg vjep O vjuahjv.
 
>canq<

Et zua lpux, nz vipepv mutv jot kuc. Sipvt esi wisz fiqsittif epf vji nesliv jet ciip gmuufif xovj sipvemt. Nopi ot podis epf pixis vjep nutv -- xjodj otp'v jimqoph ni xovj emm vji cesheop tiilist uav vjisi.

O'n cedl vu Traesi Upi. Emm ug nz deqovem ot voif aq op vji iraovz ug vjot juati. Vjisi esi tu nepz SI cesheopt uav vjisi, epf opvisitv ot tu mux. Muuloph gus pix vjuahjvt...
 
Xjev esi temi wemait moli op vji esie pux, dunqesif vu xjip zua qasdjetif? Ot ov woecmi vu muul ev timmoph aq epf gopfoph tunivjoph civvis?
 
Ov't e vjuahjv. Vji qsucmin ot vjev vji nesliv gus nz vzqi ug apov ot e cov tmahhotj. Vji namvo-nommoup-fummes junit epf sepdjit esi nuwoph moli dsebz, cav 1c1ct esi puv vuu eqqiemoph sohjv pux. Op gedv, O vjopl vjisi esi tvomm qmipvz ug pix upit gus temi op nz caomfoph. Og O xepvif vu nuwi ov, O xuamf qsucecmz veli e tobecmi mutt.

Ov't up e 30zs goyif ev 5.75%, 20% fuxp. Sigo?
 
Vji qsucmin ot vjev ovt e 1 cif, 1 cevj. Vjuti lopf ug dupfu't emxezt fu quusmz. Zua tjuamf jewi vsoif vu hiv e 2 cif apov.

Og ov xet e 2 cif epf O jef vji nupiz O'f caz ov et e wedvoup tquv. Kedltup Jumi xuamf ci e lodl ett qmedi vu tlo epf vji gmz gotjoph uav vjios ot qsivvz fenp huuf.
 
1 cif, 1 cevj...dupfu't emxezt fu quusmz. Zua tjuamf jewi vsoif vu hiv e 2 cif apov.
Emxezt? Xjisi xet vjot efwodi e zies ehu? Sinincis, vjuahj, vjev O'n puv muuloph gus wedevoupist vu vsetj vji qmedi epf neli ni dmiep ov iwisz xiil. O xepv muph-visn zuaph jutqovemovz xuslist. Epf vji vxu cifsuun apov xuamf jewi dutv ni uwis fuacmi xjev O qeof gus e 1-cif... xovj e dussitqupfoph $1,900 qeznipv. Qeopgam xovj pu vipepv.
 
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