In fact, more than two out of three homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity in their homes (shown in blue in the chart below):And that’s a big deal.

I've only ever had one borrower who fell behind in payments, in which case, I paid him some cash to move on, and got a new buyer within a few weeks.

Just say this is a pre-recorded informational session, no harm… then someone named Ramsey called me and it was a young kid from NY and the total for the course was 2-3grand I believe.

Can't do any of the things they promise in the pre approval. 

I don’t understand how you can have 13 rentals that are paid off and a primary residence that is paid off and still need more cashflow.

The deal was a long time ago and it was a quick-close, pre-foreclosure, all cash deal. 

We paid (upgraded plan)to get it quicker and we are on day 5 and still no funds.

I am guessing the beach houses were usually purchased and rented with a goal of “free” family vacations being paid for (along with mortgages) by rental income.  

You often see them in coastal areas where the houses are on stilts to prevent damage from king tides or storm damage from flooding.They were a way to do foundations pre-1900 in a lot of areas, especially here in the northwest.

Sounds like you did a great job with the rehab and adding the extra bedrooms really paid off!