Contractors executed contract with owner says owner has responsibility to supply all materials.

I'm invested in a property near the Grove that's executing that business plan now.At a simpler level, that might mean buying a house with a garage, converting the garage into an ADU, and renting out the ADU.I think a super solid first step to get into the LA market is to househack a home or a multifamily.

Common equity often offers great returns, but during market corrections of 20-30%, your position becomes vulnerable.

The (property management) owners had great knowledge, answers, and talked about their systems, but that didn't translate to execution at the manager level.

What rate percentage drop would justify executing a refinance to lock in a lower interest rate in your professional opinion?

So the ratio between income and home price is important, this strategy would not work if one is having low salary or median salary.This is why if someone could make 200k and live in Austin where home is still 400k, they could be millionaire in 9-12 years by executing this.

@kevin reverse works but is more expensive AND you have to be well capitalized to execute on it!

Looking at the Citrona website, I see basic spelling mistakes, a lack of executive/owner bios, and no case studies showing the financials for some of your projects (which is surprising as one of the founders worked for 10 years at a financial services firm).

Also certain lenders will either allow for you to execute a partial IO loan which is where typically the front end of the loan (5-10 years) has interest only payments.

Lots of people would lose their entire life savings (either through fraud, market forces, or simple lack of execution).