If any of it is points / origination, you get to amortize that amount for the duration of the loan and deduct the annualized amount as interest each year.

As we do not plan to raise our kids in NYC, so it would be hard to hold onto a low ceiling high tax investment for the duration.

So even if they did need to stay in the home for the duration the inconvenience should be minimal.

Your existing tenant on lease will ultimately be held responsible for the rent for the duration of lease if the sublessee fails to pay.

Multifamily syndicated securities offerings can be structured many ways so whether or not a lender would view your securities as valuable would depend on the duration of the debt instrument they're using the collateral for, whether or not a secondary market exists to exchange said collateral for cash, how marketable the securities would be without a secondary market given how the offering is structured, etc.  

Prepayment siphons off the loan balance, the duration is held constant (decreases every month....360, 359, 358, etc.), and the payments are what decrease from the pay down of debt.

Lenders construct these schedules based on the average expected duration (or average life) of large pools of similar mortgages.

Jeff,The broker did mention a non-compete agreement needing to be signed - I do not know the exact duration or terms.

I know the owners lawyer, accountant and advisors and can ensure any of the details are done right assuming we agree on the major terms or price, rate, and duration.

If after going through the legal process the tenant decides to pay what's owed to me, is it possible to refuse payment and continue with the eviction since I plan of getting rid of them down the line anyways or do I have to accept and continue with the duration of the lease or is it dependent on the court?