To be clear, it is ok to say "this would hurt my pocket and I dislike it because I am self serving."

Quote from @Nicholas L.: @Gabriel Sastre hire a good attorney Completely agree.

A lot of the advice on this thread is a bunch of self-serving nonsense from people who own 10 less properties than you. 

This has served us well for decades because floating rate debt allows us to escape yield maintenance risk, but the tradeoff is we must accept interest rate risk (I wrote an entire article on interest rate risk vs. yield maintenance risk so I won't rehash here). 

Worked with him during this eviction and again when serving my tenants prior to selling the property.

In escrow, 2 extensions done and expiring soon and my loan just getting it done but its not coming together now the total isnt quite enough. lf l walk l lose deposit $7500. l dont want to walk.What are my options?

But for diversification and end of year tax bene's they served the purpose at the time..

I think @Ben L.'

My friend, every setback serves as a springboard for success.To put it briefly, learn what you can, develop a strong network, start small, secure funding, choose the ideal location, and roll with the punches.

Hey Frank, The 40-year interest-only (IO) option serves those seeking increased cash flow or aiming to qualify a property for a debt service coverage ratio (DSCR) if the principal and interest payment isn't viable.