Originally posted by @Tom Wong:Hi David, Ive been in Tokyo for a long time and just moved out.

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

It would take around 5 years to pay off the HELOC by using some of the monthly rental income from two investment properties.

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

However, someone brought up an idea that i wanted to run by this group. 

They’re asset-based, meaning the loan is secured by the property itself, and they often have quicker approval times but higher interest rates (think 10–15%) and fees.

A couple months ago there was a guest on the BP money pod that said something I really liked, "put your risk in your ROTH" and by that he meant that if you're going to invest in something riskier that has the potential to have large returns, put that in your ROTH account because you're only taxed on what goes IN to your ROTH, not what comes out.

@Stephen PattonStarting in real estate can feel overwhelming, but breaking it down step by step is key.

Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city?

Landlord and Tenant agree that any action or proceeding in which Landlord is seeking possession of the Premises from Tenant, a trial shall be heard by a court sitting without a jury.