But before we go through to put together something more specific on the property so he can see all the numbers.

It all stems from an angry neighbor filing a complaint to city and calling the home a boarding house.  

However, there’s one aspect of the website that’s raising a bit of concern for me.I live in Santa Barbara, CA, and from my experience, the median home price here is generally at least $1.5 million, and in most cases, I rarely see anything priced under $1 million.

If you're looking to make short term use of the equity and have a private lender/investor who's willing to think outside of the box, you might be able to create a custom repo agreement. 

@Don SpaffordI would like some more information on the virtual meetups that are offered.

The information contained in this post is not to be relied upon.

I hit 2 years at this home and tried crunching some numbers to see how much I would need to sell my current home for to break even with escrow/interest/reno costs.

Keep in mind the law is new, and many cities are still working out the kinks in it.

And now is not a great time to sell.

A few more rate cuts and the 10y Tbill going down could really light a fire under the real estate market.