I have a feeling by your eagerness that this will be your principle residence?

I do have extra cash I could use to pay down the balance to get to a more favorable cash flow/or at least help to increase the amount of principle paid each month.

Tom,You are missing a point here.The object is to have only ONE loan.The LLC gets the loan, and the LLC is tehn sold to the new buyer.Larry,That is another very similar alternative as well.

If I could at least break even I would be OK so that I could start making extra principle payments.

I just keep the money in a money market account at 2% interest then when my funds get to a certain amount I call my PM to see about repairs or if she knows of anyone selling a property, I then I take the rest of the funds to pay down the principle.

I also won't mind too much as we really should have an actual conservative capitalist as the principle on the republican ticket.

It saves me a lot of taxes and it continues to appreciate while I pay down the principle.

If you use a 30 year, nothing says that the excess cash flow you will have can't go to the principle, thus paying the loan off in 20 years or less.

Invoke the ASK principle and learn more – probe!

From here, we should consider the economic principle of what is called progression.