@Tyler Matthews if you're interested in managing your affairs on an Android or iOS mobile app, TenantCloud is the way to go.

The thing is, my broker has a 40-yr IO loan at 4% with 2 points in addition to his 2 broker points (I know popular opinion is it's best to pay down principal at some point, but I am going to net $1600/month off of the rental of this condo with IO loan--whether from seller or from institutional lender).

FL, NY, MD, CA, VA, NJ, Horizon Bank, Kalamazoo MIHuntington MI 75% LTV 5 yr IO product available.

Option 1: CMBS 40% down payment, 10 year IO, non recourse at interest rate in the high 3% range - in this case, I am not sure if there is a good option to finance the expansion.

It should work like this on iOS, too.

@William Lokar I’m responding to you from the BP iOS app.

IO have seen to many fellow investors that no longer speak to old friends and family.

Both offer IO though not as aggressively as in the past.

PP: $1,000,000 / DP: $370,000 / Seller Finance remainder at 4.5% / 30-year amortization with 10-year balloon / Interest Only payments for the first two years. 1st-year projections are 14% CoC return, but none of my calculators are built for IO projections coupled with P&I projections so I have to work on that. 

@Joseph Bernal HELOCs are primarily I/O (interest only) and unless you're looking to run extensive scenarios, it's a fairly simple math calculation:E.g Amount drawn on HELOC = $10,000Interest on HELOC = 8%Annual interest paid = $800Monthly HELOC payment = $800/12 = $66.67/mo