.: That is an excellent explanation.

In early 2014 my plans are to continue taking classes for a certificate in Geographic Information Systems and I am also considering acquiring my real estate license before spring.

A big trend right now in the geographically tight Seattle housing market is Spot Lot Building.

Really only works for big investors that can deal with leads across a larger geographic area (TV Market Area).

After explanations, negotiations and assurances were made most all backed off.

In my geographical location (radius) of 1 mile I've came a cross close to 90 such places. most of which are empty few have for sale with occupancy.

If it sounds fishy, be sure that a lender will want an explanation of your motives.An important fact to consider is that home equity lines of credit (HELOCs) are limited to 80% loan to value (LTV), with some credit unions going as high as 90%.

Thanks for your explanation, George P.And good point - with your numbers, the tax advantage is in your favor.

We never do a mass mail to a geographic area - it defeats the purpose of "direct marketing", which is to market directly to your intended prospect with laser focus.

That's just plain condescending, and unless there was some reasonable explanation that came with it, it was obnoxious as well.As for the lender, that may be reasonable.