SalaryTransfer same day as funding to PLOCRental income
$X per week transfers to cover expensesOverdraft protectionOne big transfer at EOM. Keeping as low a monthly balance as possible. Keep as much paycheck money in the PLOC as possible. Cash in CACarProperty Tax savingsYard???CC's$1,680.93CitiBank CCPayments - $2,305.41PG&EEDMUDHome InsuranceFoodGas and tollsetc...Total expenses: $3,986.34
One time move at the end of each month
Longridge equity$100k - Renovations on Longridge$150k - Downpayment on income propertySTR4-6 plexApartment Building$50 savings Money Market accountE fundALT - Longridge equity$100k - Renovations on Longridge$375k - Cash for income propertySTR4-6 plexApartment Building$50 savings Money Market accountE fundTotal HELOC Loan - $525k
100% of rental income goes back into HELOC untill rental property is payed off.X amount of months/years
HELOCMortgage on income propertyMaintenanceInsurance
To be funded annually?Premium amount???Does this make sense from a interest rate prospective?