Your total equity is basically unchanged.

So I only pay interest (a very low rate at that) when the line is used and the very best part is I still own the property and I still collect all of my rent every month as I do right now AND my cash flow remains completely unchanged!

I'd also suggest prioritizing location(essentially unchangeable) vs. prioritizing curb appeal(certainly changeable.)

Houston Real Estate Highlights in March Single-family home sales rose 4.9 percent year-over-year, with 7,072 units sold, marking the second consecutive month of positive sales;Days on Market (DOM) for single-family homes remained unchanged at 64;Total property sales increased 3.6 percent, with 8,475 units sold;Total dollar volume jumped 5.7 percent to $2.4 billion;The single-family home median price rose 2.1 percent to $240,000, achieving a March high;The single-family home average price was up 2.0 percent to a March high of $298,766;Single-family homes months of inventory was at a 3.9-months supply, up from 3.3 months last March and at its most plentiful level since October 2018.

pid=1612Houston Real Estate Highlights in March Single-family home sales rose 4.9 percent year-over-year, with 7,072 units sold, marking the second consecutive month of positive sales;Days on Market (DOM) for single-family homes remained unchanged at 64;Total property sales increased 3.6 percent, with 8,475 units sold;Total dollar volume jumped 5.7 percent to $2.4 billion;The single-family home median price rose 2.1 percent to $240,000, achieving a March high;The single-family home average price was up 2.0 percent to a March high of $298,766;Single-family homes months of inventory was at a 3.9-months supply, up from 3.3 months last March and at its most plentiful level since October 2018.

The February decline in jobs was the first in the sector since 2012.Other sectors losing jobs include transportation, warehousing and utilities, down 3.2% in the 12-month period, and financial activities, down 1.5%.The best job growth in the past year has come from the professional and business services sector, up 2,700, or 2.5%.Jacksonville's job growth lagged behind Florida's statewide growth rate of 2.4% from March 2018 through March 2019.Florida's statewide unemployment rate was unchanged in March at a seasonally-adjusted 3.5%.The Department of Economic Opportunity does not provide seasonally-adjusted data for local unemployment rates.Duval County's jobless rate, without adjustment, fell by 0.2 percentage points to 3.3% in March.St.

Most of the stuff I deal with is late 1960s to Early 1980s and not only are the subdivisions unchanged for the most part, but even if a surveyor found a fence over the line or something, it is just recorded as an encroachment.

Since the LLC is a single member, and the trust is a grantor trust, the structure is considered disregarded for federal purposes, meaning how it has been reported on your federal taxes will remain unchanged.

So here's the (abridged) story so far...Facts:Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k loan with both homes needing "Gut Job"Confirmed Legal Two Family with Tax, Agent, Closing Attorney, and Seller DisclosureHired 203k Consultant (formal written agreement) to prepare a formal Scope of Work for Project with GC leveraging and singing offThe homes had indications of structural issues (through inspection pre-purchase) and all parties were aware before closingUltimately had to hire Architects with PE in-house to draw plans to repair structures using concrete slabsCalled Local Building Inspector and told him the profile of the multifamily homes and that we found major additional issues when demo-ing | He said he would look to only make sure they were up to current code.Spoke again before we submitted permits to tell him about the project and he seemed "fine" as long as it was up to code and just a repair with no foundational footprint change | No exterior walls are being moved, sq. foot remains unchanged, no floors added.The loan is FHA 203k so one of the units will be a primary residence (actually the back unit)Permits were submitted almost two weeks ago with only simple questions returned so far from zoning (the first step in Belmar)Issue:PE told me that he was surprised that town was allowing me to due to a rehab of this size considering the two-family structure has the "backyard" style home which they apparently no longer like.

The average price slid 5.9 percent to $202,853 and the median price fell 1.8 percent to $163,000;-Single-family home rentals shot up 16.3 percent with the average rent unchanged at $1,903;-Volume of townhome/condominium leases climbed 13.0 percent with the average rent also unchanged at $1,653.