Paying contractors quickly is instrumental to them being on your side.

The guidance and wisdom I found within this community were instrumental in navigating my first property's challenges and successes.However, our efforts were met with unforeseen adversity.

Many believe this is a cost saving mecanism but in many cases it will cost as much if not more and will not be as sound of a legal instrument.

@Steve K.100% agree which is why I am against people doing seller financingThey are investing in a security instrument that is typically over leveraged because they may sell a $200k home for $220k, and get 7-8% taxed at ordinary incomeI can invest in other investments and get 8-10% taxed as qualified dividends or get depreciation and have ltv’s below 70%… throw in these borrowers are typically not underwritten properly and have a high chance of failure and I scratch my head why people think this is a great ideaI think a lot will learn the hard way in the next 2-3 years

Lemme get this straight: I have no control when I have a highly liquid, fungible, instrument bottomed on hundreds, if not thousands, of assets across a continental or even global geography, and many asset classes, and I can buy or sell at a moment's notice.I DO have lots of control, however,when I buy a single asset class in the form of an illiquid, unfungible, single asset class that is highly localized, and subject to the whim and caprice of economically ignorant people and those who cater to them.No.

@Ryan Fox @Kevin SobiloOur lease does state:"Tenant may not infringe upon the quiet enjoyment right or safety of other tenants through disturbances including but not limited to TVs, stereos, musical instruments, other loud noises, heavy walking, or other disturbing actions."

The lender is not required to include this contingent liability as part of the borrower’s recurring monthly debt obligations provided the lender obtains a copy of the applicable loan instrument that shows the borrower’s financial asset as collateral for the loan.

If it is in a revocable living trust, then yes, all the assets are still considered your personal assets, they just pass on to the hiers by the trust instrument and not the will.

SUB TO is alienation of title and as such is an event of default.. the holder of the debt instrument can at their sole discretion accelerate the debt and call the note. 

I have not been able to find a lender who does Helocs on multi families.Not a heloc, which is a stand alone instrument.