I’m curious about what my rights and responsibilities are in this situation.

I am in the same situation as Steve. 

We've had several situations where a potential client would tell us what we want to hear.

With this additional expense, that would mean depleting the savings we’ve worked so hard to build over the past few years.To add to the situation, my wife and I are expecting our first baby in just two weeks!

Buying a home is the bay area retirement planYes, there are a lot details and differences for everyone's particular situation.

Welcome to the BP Community and most folks I know that are in your same situation with properties in 1 or more LLCs end up refinancing those properties into DSCR loans (instead of HELOCs) to extract the cash they need for their next acquisitions.

I am in a similar situation.

I wouldn't let our current situation necessarily get in the way of a great opportunity for you. 

But also understanding that I will be asked questions that I don't know, and I need understand that it is okay not to know everything in these situations.

Also, for your shared laundry situation, I recommend PayRange.