All Forum Posts by: Kimberly Carver

@Kimberly Carver

**cash out refinance

@Blake Wilson

I do not know what the “answer” is per se but we did a home equity loan on a rental and used it for a down payment (25%) on a rental. The time between transactions was about two months.

Why not a cash out the finance? Could not beat our current rate.

Why not a HELOC? Needed the money one time, not revolving, so opted for a loan with a set interest rate.

The monthly payment on the loan effects debt to income ratio so need to make sure you have room there.

Don’t over leverage!

@Trevor Dominique

I would replace with a vinyl fence

@JD Martin I love this take on it!

@Kimberly H. Hi ! Would you mind sharing your list with me? I have a very neeeeeedy tenant who is not understanding responsibilities

@Kenneth Burdick

Used home equity loan on rental 1 for down payment on rental 2... mortgage for rental 2 is from Caliber home loans (love them!)

@Joseph Sokhn

What state are you in? What do you mean the attorney was not optimistic? Some states have strict consumer protection laws regarding contractors. I am curious to see how this works out for you & praying the project moves smoothly from this moment forward!

@Jay Sheth

My primary residence is 120 years old. It is beautiful and I love it. We did our due diligence prior to buying... but contingency budget is no joke- every time we do a project we find surprises!!

@Daniel Smyth @Nathan G. @Joe Martella @Joe Splitrock and everyone else who so kindly gave me advice

I said we are having window units installed at 630pm. We do not yet have a time for the repair.

This is the message I just received -

Hi, thanks for getting back to me. Keep me posted on Dwyer’s plans. The house is currently 68, it had cooled down overnight from 80 to 74 when I left this morning to 68 now. No need to put in the AC unit in the window. However, the system still need that repair to prevent it from failing in the future.

I do appreciate the assistance you have provided thus far; however, as we both can attest, this experience has been extremely unfortunate, inconvenient, and unlivable. The AC guy yesterday told me “I can’t believe this thing worked at all”. It is unfortunate but it has also gone on for far too long now. I hope you can see where I am coming from. From the perverted HVAC man, the 85-95 degree uninhabitable conditions, and constant looming threat of another break down, it has been very challenging for me (and I’m sure you and Ryan as well)

@Kimberly Carver

Oh and it’s 77 degrees inside and my tenant wants credit off her rent

Offered window unit again last night and this morning, does not want

Waiting to see when this obstruction can be fixed...