Having more doors will not only help you accrue revenue faster, but will lessen your exposure to vacant units.

I sold that house for more than double what I payed, was able to put 20% on my new place, and pay off all my debts.... of course soon after, we accrued more debt.

These are his three demands:1) his DP amount, plus the other expenses he has covered 2) Two years worth of would-be income 3) A share of the appreciation that has accrued since closing (two months) I don’t have any problem with #1 above.

@Steven DomenechOut of curiosity, what did your Finance and Real Estate degree tell you?

I have been starting to look around other markets out of curiosity and seeing if that type of investing works for me.

I have never actually sat down and ran the numbers to compare longterm expected appreciation growth in a HCOL area to the potential yearly accrued savings from buying multiple cheaper properties out of state with all the added costs,stress, and time cost more than anything.

And I’m going to be accruing quite a bit of debt.

The deferred balance does not accrue interest but just sits there and is due when there is a payoff.Forbearance plus deferred principal equals giving people more time to get caught up on their mortgages which equals less foreclosures.

It mentions a balloon payment penalty but no mention of additional interest accrued from the maturity date until he actually pays off completely.

When I received the final paperwork I noticed my minimum monthly payment was "the greater of $100 or the accrued finance charge, plus any fees and amounts past due."