This is the goal because the client wants the majority of the premiums being paid to go to cash value and compound interest over time and NOT go towards the cost of insurance-hence the low DB amount that starts the policy. 

(No mortgage on any).the cash flow is a total of $3,100 a monthDo portfolio loans exist for these kind of situations?

These are great programs to use and NY offers a few as well as a couple of Nationwide DPA's and grants.

Either way its another doable opportunity for a lot of average investors.   

@Christopher Johnson A couple of things that you should know: 1) We do not remove posts as a matter of course.

I am currently living out of state so I have hired a property management company to handle this task, however, my home is still sitting vacant with very few prospective tenants.

That being said, there’s nothing wrong with investing in blue collar areas but I prefer to invest in the ones that have a higher degree of owner occupancy because the residents of those areas care about where they live and have deeper roots.  

Just about every time I have been privy to the details of a transaction where one of the parties is unrepresented and the other is, the unrepresented party gets the short end of the stick.

This is a great place to learn and to connect with people so take advantage of all the great resources.

@Jay Sloan  Hello, for someone who is interested in learning about commercial real estate can you tell me why the proof of funds from Peter Harris' company seemed out of the ordinary?