That seminar is also informative - I learned a lot - but you will quickly realize it is actually a funnel for the speaker to entice you to join "the club"... whatever each of them will call it...

I posted several blowing holes in every new variant of this scheme you dreamed up.I used to build depreciation amortization tables for billions of dollars of assets, was head of balance sheet policy (large chunk of which was amortization) at a Fortune 50 company, and am currently a data scientist doing math literally all day.

Fortunately, even though I'm a newbie still in setup mode (working through renovations on a value added property) I'm already starting to recognize the right answers before reading the responses, thanks in big part to many of you.

Now that we are looking into the next property, we are trying to figure out the best way to handle the financing of it.We don't want to do the HELOC again - it worked the first time, but things have changed and - realistically- we were pretty fortunate that it worked as well as it did the first time.The cabin is was purchased at $230K and it's probably worth around $285K now.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Riverside is home to the Inland Empire Real Estate Investment Club/FireCenter that has a lot of great people involved in all aspects of real estate.Hope this helps!

He and his team started the private money club.

Fortunately, I'm gathering options.  

Also planning to get into REIA Club events in the Dallas area.

He was a CEO of a fortune 500 company so a high earner with a ton of perks.