Your finances are now sufficiently complicated, and you have been successful enough, that you should be using a CPA.Sooo yeah, get tight with your CPA.If you think you might want to buy another property within the next two years or so, get your CPA and your go-to lender on the phone to talk our mystical language with each other and ensure you aren't shooting yourself in the foot in terms of ability to qualify for a conventional mortgage during the next two years. 

It is good you are attempting to think in line with the intent of the regulation, but we must remove the mysticism and actually look at the regulation to see what it says before we overly interpret what we think it says. 

weve got an an Airbnb in mystic Connecticut we are looking to get a HELOC for.

You'll also have the bike/walking trail that leads to the Mystic River Parkway also that starts in Everett. 

@Steven CorrealeI was thinking about starting a medium term rental for nurses in Mystic, CT.How is it going up in Mass?

While the excess premium is technically pre-paying the death benefit, you can still continue to make premium payments.Life Insurance is not as mystical and esoteric as a lot of agents try to make it out to be.

Some would think that if your house is in preforeclosure and your looking to get out of that situation, having a mystical voicemail left in your inbox stating that they can help would definitely be a resource worth investigating versus getting upset at.   

Some of these difficult programs are shrouded with skepticism and mysticism which we try to do away with (Short Pay Offs, Deed in Lieus, Forbearances, etc.)

I am not going to discount my .02 cents....as I have been mystically accurate the past 20 years:)

I own three units in the Mystic/Groton area.