What's the general consensus on boat slips.

There may be an instance where you need to pay all cash for a property and get a 25% roi or the best may be to leverage rhat 200k into 1m of purchasing power through debt and purchase multifamily places.

But I also carry around 8-10 checkbooks at any one time and at this point I've come to appreciate the power of simplicity as well.

Planning is important, but action is more powerful.

Most of which are entirely too Powerful and too expensive!  

I believe we might be in the same boat.

Hey Joana, I am in the same boat as you: new to this website.

I hope you get to see the power of BP by checking out the different forum categories with tons of educational threads, by reading the guides under "Education," and definitely the books.

So you can use this trick OR the "shove all debt possible into the low-wage-earning spouse's name so one spouse's pre-mortgage DTI is 75% but the other one is at 8%," but not both.Make sure your lender is drilling down with you on your post-batch-refi DTI will be and giving you an idea of what you and your wife's purchasing power will be after the fact.

@Jerry Padilla We are about 60 miles north of Los Angeles and the home is located on a channel and has a boat dock instead of a backyard.