Yes sir we just 100% refinanced...Used the same credit union who had the original debt. 

Originally posted by @Andrew Postell:3.

We originally planned for this to be a mid-term rental, but when my grandma wanted to move, we offered it to her instead for minimal cash flow.

Originally posted by @Bart H.

Good morning “Upstate” crew,I originally posted this in the wrong thread (I think) so I’m reposting this in the Upstate NY group to better target the Binghamton area.

If, still within 1 year from the original foreclosure sale, the prior owner elects to redeem the property, would they owe the 3rd party the amount that the bank bid to originally take back the property?  

Unfortunately this is not as apparent and may require speaking with past borrowers but I would go with the lender with a streamlined and rationale draw process even if the underwriting/ origination process requires more of my time & completing/ turning over additional documentation.

They originally booked for 3 months, and we agreed to a signed 3 month lease agreement. 

Getting back to the original posters question an attorney should be drafting the operating agreement but its beneficial to have an accountant weigh in on tax matters.

@Linda West it is United Wholesale Mortgage, which you gain access to through a mortgage broker.To answer your original question, I like Navy Federal for the long draw period of 20 years, followed by repayment period.