Good on you Steve.... the refi to you die mantra has gotten many folks in trouble.. there is absolutely nothing wrong with free and clear assets.. sleep well live well..... its one way to really scale up when that big deal comes in. .your balance sheet looks super strong.. your banker see's you have a combination of TRUE equity and your not leveraged to the hilt.Its the same concept of paying off 15 to 20% credit cards.. for me perosnally with auto loans at 2% no need to pay cash for those like I always did the last 30 years... and for personal resi with 3% money no need to pay that off although my LTV s are all under 50% and I always have that 500k of tax free I can tap if I want to decamp to retirement land..

I understand this is not sustainable with the mortgage so we are going to pay $50k on the principal to make it self-sustainable.We should be able to save approximately $50k/yr combined for the next 5 years safely.Should we pay 40k/yr additionally on the home principal to get it paid off in under 10 years to earn fixed income and sell when we want to retire/start a business?

With a combined experience of nearly 40 years as lawyers in Nevada doing solely complex transactions, Drury Galati Ltd. has the experience to get the deal negotiated and closed.

The third option would combine the 2, flipping houses while I study.

If I had a buddy that wanted to put 10k into the investment could I use his money and my money combined as "my funds in reserve" to get the loan.

It's wide plank/modern and its vinyl so it should be water proof.

So it would need to be "modernized" to compete with those rents.Thanks Thomas!

We're focused on using modern technology and better service to give a great experience to owners and renters.

If you want the highest returns, flow and equity combined here are the top 3 since 2009 SF, SJ and LA.

If you can underwrite a loan at a combined loan to value of 90%, you'll be making more loans than staying at 70 or 65% and the difference in risk may not be all that far apart. :)