Rent existing South Pasadena home for around $3000 to support new mortgages and home equity loan paymentsRefinance new properties after a few years to pay off original home equity loan (at least partially)My partner and I move into original South Pasadena home after a few years to take advantage of good public schools, while the in-laws receive income from now fully-rented multifamily.ProfitIs this naive? 

./104th)Purchase and sale agreement, with a standard escrow.Escrow closes upon date certain, or when the city issues unappealabel entitlements, zoning etc.DD of some period, 30, 60, 90 day, with some non-refundable upon reaching this date.Reason to do it this way is you have a solid contract, if and when you receive zoning, you can close without question.

He is an investor himself and understood exactly what I was talking about.After we received our approval letter last week, I emailed him about a possible construction loan with his institution and his response surprised me.  

The money you received from C is used to pay your lender back plus their fee.

I am not sure how well it will be received if I tell them that I don't really intend to use their service (since I am thinking of managing them myself for now), but just looking for some information.

In the purchase contract, it stated that i was supposed to receive a copy of the keys to the property at close of escrow...All seemed well and i felt like i covered my basis.. this is where it goes haywire:15 days after close of escrow I still have not received the Keys; i've noticed them multiple times that i want to enter the property (24 hour notice) and they do not respond.

But I’m keeping positive, it sounds like it is likely that I can lock in the rate and receive some sort of adjustment if / when my credit FICO score improves prior to drawdown date.

He was knowledgable about the market there and each neighborhood, as well as being very responsive throughout the process, returning calls/texts quickly so I could move forward.

Some will apply for a 0% interest balance transfer and show their credit card balances as MAXED OUT.Then, when they receive the 0% balance transfer checks, they simply do quick Cash Advances on those cards and come right behind the advances with the 0% interest balance pay off checks.

Hit me up with a direct message and we can talk over email, text, and phone if you would like.