Once the sign up for property management is completed, the owner is trapped by contract for a year.

I tend to fall into the trap of listening to sob stories and not raising rent for 3-4 years and the thought of rehabbing after a tenant move-out is always daunting.  

I smelled that same trap when I attended their REI meeting. 

I feel trapped in Florida.. 

It's almost like.... purchasing a home at the wrong time is a trap or something. 

Interest deductibility caveat.Cash refi comes with a hidden trap for the unwary.

Far too many people continue to parrot a myth that a mortgage is some type of debt trap, and that a HELOC somehow frees you from this debt trap.

I've noticed the typical Silicon Valley hard-core tech startups have a disproportionately high male to female employee ratio, a large portion of engineers hold advanced degrees from big-name tech schools like Stanford and MIT, the C level execs all have extensive tech background even the ones that deal with the business side, etc. checking out online reviews is actually not that straightforward and without traps. 

The bigger question is the current value of your assets and trapped equity.280 monthly X 12 months is 3,360.Both loans of 7,500 you are looking at almost 27 months ( 2 years and 3 months) to start getting payoff from 7,500 in fees today.Look at alternative investment selection if you have a bunch of trapped equity and doing a 1031 into one or more properties.

Our other fear is all the trapped equity.