He promised via marketing a high-yield monthly interest rate – approximately 12% to 15% – over three to seven years.

Check your electric is sufficient to handle the new units and if those units would be on tenant electric you would need to compensate them until you were at lease renewal as they have a utility included and you would be changing to non-utility included which shifts the cost to the tenant.

I could live there while putting it all together and then rent out the second and the rest of the third floor which is now three bedrooms, one bath. 

This Wolf Street piece is both entertaining and eye-opening: the stories of homeowners juggling three mortgages to survive sound less like financial strategy and more like financial desperation.The “cancer” analogy isn’t far off. 

., home renovations, debt consolidation, emergency expenses, and education.Recently, when I was considering a small business loan for a franchise, I was advised to consider using a home equity loan to cover some of the running costs, as I already have sufficient capital in my home as equity.

At this point, I’m trying to balance three goals:Buy a new home comfortablyMinimize immediate taxesReinvest the rest strategically for growth and incomeThanks in advance for any advice or experiences you can share!

If you absolutely insist on investing somewhere outside of these two, and accept the very real risk of worse returns, higher risk, and more headaches, then I'd do this: - Look up multifamily estimated new unit deliveries over the next three years in the top 50 metros.

On all three, NCCG fell short. 

Problems/errors on statements, lack of communication, withholding statements for over three months? 

In three years I have added $200,000 in equity by making improvements to the property and raising NOI.