All Forum Posts by: Rambob Ramos

@Sean Harris I'm no expert but I think a cash out refi is your best bet. I believe a HELOC is used towards your DTI when applying for a loan.

I owed about 50k on various things (cars/cc/loans) and I used a cash out refi to pay everything off and drop my interest rate. My monthly mortgage payment stayed the same and I got rid of all my debt.

I’ve had my eye on a piece of land that used to have a house(when I first saw it). I decided to look up the tax assessments and found that taxes are owed on it along with the 2 other properties of the same owner. I was suggested to write a letter to the other homes and see if anyone responds. What would your approach be and could anyone help with the context of the letter i would mail?

@Mike Reynolds Thank you. I’ll definitely keep a close eye and get multiple opinions from gc.

@Rachel H. It’s zoned for residential use. I’ve got a neighbor on each side. I plan for a home to rent out since it’s in a tourist area.

So I just landed what I believe to be a great deal on half acre here in California. What tips can y’all give me to be either an owner builder or hire out some people to build a home. What would be the better option to do? I’ve also thought about maybe putting a mobile home.

Please forgive me if this is posted incorrectly. I’m a first time poster