Practice these answers until they roll off the tongue.

Thanks Jorge build new don't buy new and don't buy existing. find your own land, entitle it, control the full process, get architects, zoning attorneys, roll your sleeves up it isn't easy but it's big money. 

Do you want to roll the dice to find out if they'll pay you? 

Condos are often terrible rental properties because the HOA controls a large portion of the costs.If you want to get into rentals, take the proceeds and roll it into something else.

The money was used for cars such as Rolls Royce's and Sports cars and trips to support Mr.

As a landlord, you should never be "choosing" an applicant as they roll in, they either qualify or they do not. 

Is that rolled into loan. is it a higher interest rate too or 1% is that.How much is @ closing on 280k? 

If you have not already done so, take a moment and do a stress test on your portfolio.

Lets face it, the real risk is the principle anyways so protecting that is most important.I also have no early payment penalties and often, the ability for the investor to roll into the next deal allowing their capital to be constantly working for them.All loan docs should include the interest rates, loan terms, and payment schedules. 

I would advise working with a mortgage broker instead for a seamless process instead of rolling the dice.