History shows that more wealth is created during a recession than any other time, because things are on sale while the underlying fundamentals remain the same.

Without any consultation whatsoever, he signed up for another place to live, notified us of it after the fact, and set about trying to set an agenda for his family to move out in mid-August on a time frame suitable to himself, even down to demanding to pay on a pro rata basis and be refunded the remaining portion for August!

Getting a HELOC first as a distinct transaction will of course take time, which is why I had to "assume" that rates will just remain exactly flat.Of course rates could drop 0.75% between now and when the HELOC is hypothetically done, washing out that 0.375%, but that's unknown and unknowable.

The craziest part of it all is that I've never been happier.From here, Alec and I will continue to build Detroit Riverside Capital into a full-scale investment and development firm, with this first project remaining the top priority until its completion.

However, if you're able to get your target price and get $1,400/month per unit, you'll be in great shape.The key is that you'll have to remain disciplined as the purchase price is key. 

Using that rate of return, along with the payment amount and remaining number of payments, you can calculate the value of the note on your financial calculator. 

I purchased this home at 198,500.00 it is now valued at 232,000 minimum and i owe 186,668.73 remaining on the home.In short is it best to sell this 2 year old home thats in a developing neighborhood or should I create my first rental with this home?

If a washer/dryer remains from a previous tenant we outline in the lease they are more than welcome to use it, but we will not repair/replace in the event an issue happens. 

Remaining money could be used as down for an investment property.  

Yes, the question remains whether a QC deed wipes of the need for the foreclosure action in Arizona as it is the same state statutes for each county.