On the positive, he's knowledgeable and you can get a few things out of this.On the negative, you'll hear some information that is simply not true.  

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

More looking at equity position now.I looked at a Quad for $550K she didn't like how the area looked so I passed.

Holding is doable but it depends on your financial position, with a refi you'll have costs to do that and your numbers would be different.

Then their eyes close and the ramble aimless for awhile before they do it again and have no positive traction anywhere.There is NO easy street it's a MYTH.

3) Is your product positioned to compete?

I’d look at listening to podcasts such as BP, BP money, straight up Chicago investor podcast.While in school and even now, I’d focus on working as much as possible to make sure you’re in a good position to have a down payment as soon as possible.i’d try to understand what a good deal is (underwriting), and also lending. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

No where… Once interest rates go down to the 5.5% range, you could refinance and be in a way better position. ** Another way: you could do all of the above and then use a company I use to split the lot.

Seems like you're in a great financial position.