I got the project done and refinanced (instead of sold) and gave them their money back in 5 months. 10% return in 5 months is 24% annual rate of return for my investor, needless to say,  they were pretty stoked. 

I have clients purchase with HELOC or margin accounts all the time. 

Hey Account ClosedThe Kelowna market cooled down a little bit .

We both have our own savings and emergency accounts so that god forbid if we lost our day jobs, we'd be ok.

For younger people who are still building their credits, if they have a higher score it probably just means they were on their parents account anyways. 

Daily dips of 2%+ occur 5 times annually.

Annual CF:         9,600.00ROI:                           7.8% (rejected)Keep in mind, this analysis is at 8-10% BELOW ASKING PRICE...………...At 300,000, (200,000 plus less than asking, it starts making around 10-11% but that price is just crazy versus asking.So...in my mind, its a lot of work handling a MF building for 8%...a 401k averages 8 with little effort and little risk (well until now!!!)...

My biggest concern in your description is adequately accounting for the capex on the house.

It basically amounts to paying an annual fee and having a set bond on file.

Originally posted by Account Closed:Dave R would say to get married.