We talked about it some more this weekend, and she's worried if I achieve FI through RE, I'll become a lazy bum ;-)  I argue there are so many things I would LIKE to do, but can't because I'm burnt out from the 8-5 corporate world and just want to relax and spend time with my family when I'm home.  

BRRRR!
I recently bought my first property in the name of my new LLC. I'm planning to use the Buy, Renovate, Rent, Refinance, Repeat method outlined by Brandon Turner.

I was under the impression I could get 30 year ...

After one year the bank allows re-fi and then you pay off the line of credit and roll into a conventional style loan.

Either we pay it off of re-fi at the end of 5 years.

Of greater importance is:Don't get sucked into D class being great cash flow its only great cash flow on paper generally... the reason its D class is you WILL NOT get consistent cash flow.. that's what makes it D class or one of the attributes to the Classification of these assets from A to FI call them paper tigers... :)

I'm curious about the Re-Fi part. 

One of the best, quaint communities in SC!  I

If you had $200k in cash, would you get a conventional loan with 20% down or would you pay cash, rehab and then cash out re-fi?

However, when I had talked to my mortgage broker he had said that when you re-fi like this there is no way you get the good rate of 4.5% (in my example).  

http://www.latimes.com/business/realestate/la-fi-equity-building-mortgage-20150103-story.html#page=1I came across this article for low income, and would like to get myself educated, are there some short blogs that explain these kind of programs or what this actually means?