Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.

So she took that extra space, added a wall and a hidden door and poof!

@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

-Getting the package to the city was congruent with (and a little ahead of) my expected timeframe.

I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

Climate refuge is a genuine priority for many and a reasonably distanced retreat or refuge has perhaps never been more valuable?

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

This seamless transaction capitalized on strategic market insight and a prime opportunity.

It’s a blessing (the reason you found real estate in the first place) and a curse (you probably get distracted easily on what asset class to focus on).

Around this time I discovered Bigger Pockets and a bunch of real estate platforms online.