HI all,
Quick update.
Property manager transition is NOT going smoothly primarily because I can not reach the old property manager (more reason to get rid of him) and my cell phone died so am off the grid except email and fax.. crazy and using other folks phones . (cell is my main phone)> I get a new phone today (woohoo) and I DID switch my plan.. saved $100!!
Being more responsible with my not for profit and hopefully getting us back on track.
NO JOB NEWS. I REALLY want that job.
Praying every day and praying for news next week (good news!)
COntinuing to love the house .. and work on that refinance. After this refinance.. I should be in the clear.. submitting letters and more info.
Hopefully tentative approval NEXT WEEK (with rate info) be a big load off my shoulders
For those not caught up. I bought my house back from bank (out of foreclosure) at the end of January at a steep discount but had to get a hard money loan (12%) and pay 6 points to do it.. worth it if I can exit it properly and asap. Loan has a 6 month prepayment penalty so can leave soonest August 1. I NEED to get out of this because I can not afford loan payment and tax escrow in year two (or it will be very hard). Year one I escrowed taxes in one big lump sum up front so am only paying the mortgage which is $2970 a month.
THINGS ARE TIGHT and the house purchase was not really in the 5 year plan or at least not now. so I ended up doing year 1 w the 6 homes (still unstable but should; stabilize fast under the new property manager) and funding this loan at the time
Enjoy this day guys. Ending w Deacons Wife's comment to me 'I suspect we will both emerge at the end of this fit and fine'
I am counting on that.. pretty rough right now.
Update, property manager and job
May 31st, 2014 at 01:58 pm
May 31st, 2014 at 02:48 pm 1401544130
May 31st, 2014 at 02:52 pm 1401544335
May 31st, 2014 at 04:01 pm 1401548460
June 3rd, 2014 at 01:36 pm 1401798962