Quote from @Chris Grenzig: @Madelyn Felix I would look into showmojo or tenant turner for their lockboxs and self guided tour software.

@Chris Bounds That's a great feeling!  

Hello, @Chris Rich! 

@chrisseveney   Chris any thoughts to this.. would this help you NOTE business ?  

As @Chris Seveney mentioned there is not really enough equity in house 3 to get a meaningful LOC. even if you were able to leverage enough to pay off House 2 the new rate you would be paying would be higher than the existing mortgage, so you would still be behind overall.Your ROI on those payoffs vs keeping money in index funds is not very good either.Lastly, remember that cash flow from rentals can seem good until it’s not.

Agree with @Chris Seveney- people LOVE making their ownership structures so complicated when you can mitigate risk in so many simpler ways. 

@Chris PackerThis is a tough call.

Thanks for this, Chris.

Quote from @Austin Schubert: Quote from @Chris Seveney: Quote from @Austin Schubert: Would anyone have a sample template of a proposal that you've used in the past that goes over how your structure a deal with a private money individual? 

Chris, great points as well and something to think about.Quote from @Chris Grenzig: @Larry Nielsen I like Jonathan's suggestion, but I think an important decision for you is what is your goal.