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All Forum Posts by: Nicole Cosentino

Nicole Cosentino has started 1 posts and replied 4 times.

Post: What’s knowledge worth? 3 Partners, equal equity.

Nicole CosentinoPosted
  • Rental Property Investor
  • joppa, MD
  • Posts 4
  • Votes 2

No there is definitely effort... as I said "put in the time and do the research." Personally, I would rather expand my mental database than rely on that of someone else. Too many hands in.... too many opinions... the disputes are real. I know someone who straight walked away from a partnership and abandoned all time, effort and money in because by the time the dispute went through the legal system, it wasn't worth the fight. If you want a successful partnership, each person needs to bring something different to the table and know their lane.... It doesn't sound like this was your arrangement.

Post: What’s knowledge worth? 3 Partners, equal equity.

Nicole CosentinoPosted
  • Rental Property Investor
  • joppa, MD
  • Posts 4
  • Votes 2

@Joe Villeneuve

Knowledge is attainable. How much is taking the reigns and controlling your own destiny worth? Priceless. Unless they are bringing something else to the table, put in the time and do the research..... go solo and you will be glad you did.

Post: Creative Financing/ Portfolio Lending Maryland

Nicole CosentinoPosted
  • Rental Property Investor
  • joppa, MD
  • Posts 4
  • Votes 2

Yes, was considering the cash out option. The catch 22 for me is not knowing whether to do this and pay the higher interest rate for a "just in case" scenario... aka winning bid on an auction property, super quick close..... or go the more traditional route, less risk, lower interest rate. The perfect scenario would be a healthy open line against something......  any options for something like that?

Post: Creative Financing/ Portfolio Lending Maryland

Nicole CosentinoPosted
  • Rental Property Investor
  • joppa, MD
  • Posts 4
  • Votes 2

Looking for advice on leveraging strategies in Baltimore, MD. I have two rentals, one paid off and the other with substantial equity. I have equity in my primary as well. I would be fine if purchasing a home through conventional financing but I don't want to pigeon hole my direction in the event that an auction property comes available.... I have about 100k liquid but money is so cheap i'd rather leverage my current assets. Thoughts on doing this?