Chapter 25 - The duplex is repaired without a family bailout
The Hale Street duplex still needed a roof.
Truth does not eliminate maintenance.
Daniel and I met with Dad through a property attorney.
First time I had been in the same room with him in almost two years.
No family house.
No cake.
Conference room.
We reviewed three options.
Cash contributions by ownership percentage.
Small property-specific loan around $35,000.
Sale.
We chose the loan.
Proper documentation.
All three signatures independently verified.
Funds paid directly for roof, HVAC, and masonry.
No cash-out for private debts.
The refinance closed at $36,500.
Not $120,000.
Rental income covered payments.
Boring.
Exactly what property finance should be.
When I signed, Dad looked at me.
Did not say:
Your mother would be proud.
Thank God.
He said:
“Thank you for coming.”
I said:
“This is business.”
He nodded.
That was the beginning of contact.
May you like
Not reconciliation.
Contact.
