Rioja, if you are bright enough to properly phrase the question, then you should not have a problem reading the suggested article, understanding it, and applying to your own unique facts and circumstances.

Hello AllThis is sort of a Question and FYI...We got a demand letter to stop using the following phrase on/in ANY content:"we buy houses" (within quotes)within the next 7 days or face legal action from the folks over at webuyhouses(dot)comThis seems to be a common everyday phrase for those of us that are in real estate investment... sort of like the old attempt at putting a trademark on requiring people to pay royalty/fees every time you told and/or sang happy birthday to someone.If this is a valid claim... it will cause a LOT of rewrite and changes:- Content- Website Domain- Website Directory Structure- Business Cards/Documents/Flyers... etc.We have a Real Estate Attorney that we are going to bounce this off of; however, I thought I'd put it out there in case anyone has any past experience and/or feedback/suggestions - or for those that are new, so they don't have to redesign stuff.Just sort of thought it petty... maybe the folks that are buying the franchises, for leads, aren't getting any bites... complaining... and this is their way to try and corner something.:: shrug ::We are already working on alternate phrases, which may actually work out better...Thoughts/Suggestions?

His $18K wouldn't factor into the equity calculation.If the lender didn't put a lien on the house, the after purchase equity was 100% of the value of the house at time of purchase since he would have the title free and clear.Given the way he phrased the "...and I paid off the lender..." it doesn't seem like there was a lien on the title.   ...just a guess though.To clarify, the ARV doesn't factor into the equity at time of purchase.  

In common law countries, a crime (as opposed to a civil offense) requires two things: (a) a wrongful act -actus reus and (b) guilty mind - mens rea.There is an old Latin phrase that explains this well and translates as follows: "The act does not make a person guilty unless the mind be also guilty."

Phrase it like you're the one making the sacrifice, you're the one doing this for her, because you're such a nice guy and want to make her happy.

I am going to borrow that phrase!

To borrow a phrase from Dave Ramsey "live like no one else, so later you can live like no one else"!

Reminds me of the phrase my KW agency taught me.

A favorite phrase of realtors and sellers alike, isn't it?

Converting properties from investment to primary residence periodically will allow you to actually turn a proration of the gain from tax deferred sreto tax free.And when you die your heirs get a step up in basis in those properties so they inherit the properties tax free.There's a reason for the phrase - swap til you drop!