What park was the robbery at?

Why can't you get a loan - is the house solely in Sara's name?

you're a ****ing idiot, what the hell kind of excuse is this? Why NOT lock the damn doors? How is one any more convenient than the other?

Ur negativity is not needed here.

Sounds like a perfect solution to me.

+1

Would love to be a fly on the wall getting Sara to accept 3% over interest free.

I like it.

Rayz not locking his doors in this situation is completely standard. You cant live your life in a constant state of fear.

Also Sara is getting something for her 3%

Edit: well I guess u can and do live in that state...its just not Ray who is the Fing idiot

In the plus robber was nice enough to only take the money.

Community Sam Pedan Park. He went flying down the hill that leads to 4H fairgrounds. My legs are spent today from that long ass sprint.

Both on the title. 5/3rd Bank Lady recommends it wd b a lot easier if just one name on the app that shows gd credit. Rather than me on there that shows no W2s and very little RTA money coming in. Plus, it wd b Sara’s loan anyway. Set it the exact amount that pays me off.
Why wd she go for 2.9% > no interested w me? It’s tricky spot. I wdnt do it, but she may rather pay bank than me. I don’t wanna do anything she doesn’t. I am still confident I’m gd how is. But having that $100k paid off wd feel gd, and cd get #Tesla now. And play @Clickpoker. Lol
•Still better rate than that of our original home mortgage.
•cd set it up to pay a cheaper monthly payment, yet a longer term.
•this money cd help my wealth grown. Once I get there cd pay off her loan and go back to original agreement ($700).
•????

Can qualify up to 90% home value and no fees. Not even the drive appraisal. She acted like $100k ish wd b easy.

Thought about that too
didn’t hv a debit card n there anyhow w no bank.
Did hv a couple small amounts left on gift cards.
It did save me the hassle of not having to get a new license.
That money was gonna help me pay for Mya’s driver Ed course ($415). Sad

Why did you offer her an interest free loan in the first place?

#1 Get a job for a few months until you've put aside $7k and do not play poker until you have the $7k (will probably only take you 3-4 months). Take $2k and buy a reliable car with good gas mileage, take the $5k and use as your poker roll. After a few months of working again, you will appreciate being retired even more than you do now.
#2 Practice self discipline and protect your bank roll. Keep your other revenue sources open and use that $$$ for real life stuff. Take 50% of poker profits and add to your bank roll, take the other 50% and put towards real life (Tesla, IRA, Disnew World, etc). In 3 years from now, you'll be driving your Tesla, still be debt free, have multiple revenue streams, have a retirement account, and be able to play any 2/5 game or medium tournament your heart desires.

Sent from my SM-G930V using 2+2 Forums

Not trying to make money off my gf.

Respectfully, no. #Semiretired will not get a job. In addition, no job I can get will pay more than my long term hourly n poker & RTA. If Sara agrees, I can get my 100k that is owed to me & go much farther quicker. Don’t u think that is a better route?
Main thing is staying out of debt and #semiretired.

How come no one thought of the current idea of Sara getting a equity loan in her name to pay off her balance to me? We all wise folks and never was mentioned. I rather hv my $100k money now then spread over 11 years.

If she doesn’t want to give up the interest free loan, maybe ask her to take only a 10 or 20k loan.

That would be a good idea.


Sent from my iPhone using Tapatalk

Since you're asking, you said so yourself you wouldn't do this if you were her. This is better for you than it is for her.

Sent from my PH-1 using Tapatalk

I think no one said it because it is not really different then you taking the loan which has been said. If she decides to walk away you end up having to pay the bank or sell the house. Your risk is the same either way. Might be easier for approval purpose with the bank but her taking a loan is effectively the same as you with regards to risk.

I am all for you taking a loan. I do not think you need 100k. Maybe ask her to take a 10 k personal loan or home eq loan and have her pay that off in exchange for 14 or 15 months of payments to you. 10 k should be enough breathing room for you to grind and take care of unexpected life stuff. Between 20 hrs ish of poker and RTA you should make plenty to fund the semi retired life.

Just don’t put it all on one penny stock or something crazy like that. Lol


Sent from my iPad using Tapatalk

I’m loving all the great posts. It’s gd to cover all sides. It cd b a turning point in this journey.

•agree it’s been said. But disagree on it bein the same. One puts me in debt and the other doesn’t. U all know by now, I don’t do debt.

•u nailed phase 2 of this potential plan. Don’t shoot! Been testing the great minds like @tswpoker1 and my tennis buddy Kiran on a few things. Trading stocks has been gd to me. Perhaps making money moves. Don’t shoot!

My 2c to you is to study what u would do with those 100k once you have them, you are excellent at grinding out of holes always close to busto, and that's something that you uncounciously put yourself into again and again, proof mb is paying off the house to go again to 0 when your leverage is your bankroll and the decisions you make with it being a poker player with a family to take care of, as I see it having the house paid means nothing if you are in danger month after month, would only pay it off if I don't know what to do with my money, and even then I think it's bad given you can get better returns everywhere else, same with paying daycare in advance having close to no $ to save a couple hundred bucks, the golf backyard, etc...
Honestly wish you well, but I think you need to review the abc strat financially wise appart from the low stakes live grind that you have proven to do well at.

PS Have you thought about RE? I know ath atm etcetc but the system you have in America makes it a no brainer to get dozens of houses in a cpl of years and live the true retired life with the low interests and stupid downpayment, the refinance of the homes, rent prices, etc... Wish it was like that everywhere else

Normally I would say yes to the 100k, but in your circumstance, I think that you'd be better off using the monthly money she gives you to fund your life expenses. If you can take the 100k and invest and use as bank roll then obviously that will be a better financial move. Unfortunately, based off the last few months of this thread, I'm not sure you manage your money that well. Just dont want to hear you've taken out the 100k to buy a Tesla, build a tennis court or some other luxury and end up in the same situation as you are now only without that revenue stream. Whatever you decide, best of luck.

Sent from my SM-G930V using 2+2 Forums

Rayz lots of respect but imho your framing this debt thing in your mind incorrectly. Either way the bank can foreclose if payments are not made. If it is in her name or yours does not matter. Furthermore given she is on the title you two are in this together financially regardless. Her debt on the house is your risk and vise versa.

If the bank can foreclose on either of you it is the same risk. You two are taking on debt together regardless of who’s name is on the note.

If you want to be debt free there can not be a note on your house even if it is in someone else’s name...

I still think you should get a loan, grind to pay it back while maintaining a reasonable roll to cover life and variance. Poker should be a great part time gig.


Sent from my iPhone using Tapatalk

Ur correct. My goal wd b to eventually pay it off n 2-3 years and finance her agin (w no ir).
Not much incentive for her. Unless she can see bigger picture. What is bigger picture ? I know but hard to put in words.

Anyways, this idea was discussed some while we were on our neighborhood 1mule night walk. I started w me admitting to not planning accordingly last year ...explained to her that I didn’t factor n Uncle Sam payment enough.
After selling The Melody, selling shares of ENPH, and combining that w our poker chips before we got banned (25k ish)....Summing up all those funds to pay off house. At the time, I made sure to leave me w a 10k cushion for another poker run up. Few months pass...That run up never happened because it all went to Samz. Ever since then it has put me in a bad spot.
Went on assuring her I can get by as is currently, and eventually get the run up. Or, we can make things happen sooner. From there, I let her know that our original home loan was 4.7%, so still in a spot (2.9%) than if I never paid off house.
Only asking for what’s mine now instead of over the course of 11 years. Ball in her court. Didn’t press it much further.

Tomorrow I will get on computer and know exact up to date amount house agreement. We both enter in rent roll each month and update.

K. I get what ur saying. I c. True
Sara is very responsible and she only carries house debt. She smart and looking forward to getting her half of house paid off when she turns 51ish. I am confident she wd fulfill her loan payments. We wanna get married and b n this tougher...fairly. Do realize “stuff” happens and u never know. Foreclosure never happen. I wd have money to pay and we cd sell the house in meantime. Worst case scenario, I am still getting my half from house.

Interest free you are actually subsidizing her. At the very least you are losing money to inflation (and in reality much more than that as your EV from investing that money in an index fund and/or playing poker with it is much higher than inflation).

Oh, c’mon man. I got where am I because of exactly that...managing my money sooooooo well. I’m 42, no debt, nice paid house, nice toys...pool, putting green, pvg scooter, and $100k cash owed. C’mon.
Agree w ya on been making some buys lately on putting green when I shd b building a roll. But, we n a new phase of life...#semiretired. That putting green is the **** and it makes me happy. Happiness has much value.