They are the worst company to deal with ever.I then asked a few other real estate attorneys and their response was the same.The negative reviews shared are exactly what happened to me.In addition i have personally had over 100 loans in my lifetime.

It sounds like you are trying to buy a second property with less of a downpayment than 20 percent.

I have calculated the late fee and it should be about a half percent total.

Yes sir, I agree with that 100 percent.

SO I PUT DOWN 15 PERCENT !

Quote from @Ryan McKay: Quote from @John Underwood: ...We just bought a property with 5k down and owner financing the rest at zero percent.

But then we have to get into talking about the passive loss rules, which may prevent you from actually being able to claim a tax loss if the deduction is more than your rental or other passive income.Or you can claim the actual expenses (gas, insurance, etc) for the vehicle and regular depreciation, proportioned by the percent of business use of the vehicle.  

It would take me a lifetime to make as much in cashflow as I did in equity growth. 

The landlord shall not commingle such moneys with any other funds of the landlord or hypothecate, pledge, or in any other way make use of such moneys until such moneys are actually due the landlord;(b) Hold the total amount of such money in a separate interest-bearing account in a Florida banking institution for the benefit of the tenant or tenants, in which case the tenant shall receive and collect interest in an amount of at least 75 percent of the annualized average interest rate payable on such account or interest at the rate of 5 percent per year, simple interest, whichever the landlord elects.

@Carlos Ptriawan how do you mean, "management required the LTV to be lower than 50-60 percent" ?