The CU offered me $200k, interest only or principle and interest payments.

What are your objectives in investing overseas?  

My goal in starting a syndication and delving into real estate this way is to jump into the field without needing a huge upfront investment and gradually expand my portfolio, which aligns with some of the principles laid out in Brandon Turner's book.

I looked up the definition of intrinsic value and found this and wondering if there are any specific differences in the real estate category as you are using it: "In finance, the intrinsic value of an asset or security is its value as calculated with regard to an inherent, objective measure.A distinction, is re the asset's price, which is determined relative to other similar assets."

The objective- Keep your current positive cash-flowing asset in Chicago- Your cash flow may go down if you use a HELOC or refinance the asset, but make sure it's still a positive cash flow. 

Buying down the rate, using that money toward principle or using all of it as the down payment.

Always keep your long-term objectives in mind and make sure each investment aligns with your overall strategy.Good luck!

As for the median American in my age group, yes I'm way beyond that and I attribute that success to the following:- Willing to delay gratification on a regular basis- Willing to do jobs no one else wants to do- Willing to work long hours for results (a strong work ethic)- Willing to take calculated but high upside/low downside risks- Willing to allow the "fruits of my labor" to be returned to the business instead of paying for a lavish lifestyle- A strong commitment to these principles by my spouse- A strong run of being healthy enough to work to produce excess profits- The fortuitous grace of being born and growing up in the United States, where opportunities for financial success are everywhere and accessible to anyone- A splash of luck at being in the "right place at the right time"

@Rob BlockAll interest payments have been received, with full return of principle on the first two. 

Forget the bs nonsense being pushed by gurus - study PRINCIPLES of real estate, real estate FINANCE, and real estate LAW.