STRATEGY IS GOOD EVEN IF YOU HAVE TO CHANGE IT FROM TIME TO TIME....

Guadalajara
(Retirement Condo)
3/2
Paid off
Value 100k
Strategy: Continue to contribute to insurance and show interest and reaffirmation,
Review Legal documents in 5 years / Safety Property

Bay Area /Tracy California
(California backup house/Tax shelter)
3/2.5 + Garage and Yard
Value 350 k at 40 years
Mortgage 1500 per month
Second Lien 150K, negotiate total discharge through Chapter 7 or 10% payoff 15k
Rent out at 1600 to move to San Diego
Monitor principal
Worst case scenario/ Foreclose / walk away with 10 grand/ no personal obligation due to chapter 7
Review status in 5 years

San Diego CA.
Retirement Condo 2/2 / Investment property
155 K / 15 years
offer 20% down payment, use as main residence for the first 2 years
after business is established purchase 3/2 home or condo at walking distance to the beach.


PLAN
EXECUTE
CONSOLIDATE / ACCEPT ANY TEMPORARY SETBACKS AS PART OF THE PROCESS
NEGOTIATE/CORRECT
BE PATIENT/ ENJOY THE PROCESS DAY BY DAY
CONQUER
MOVE ON !