Great when you can do it, but using money to make money is more normal.If your deal is “crushed” at 6 vs. 5 % you were skating on reasonably thin ice to start

The luxury markets will likely not be affected as much.For commercial, owning apartments will be a great place to be as demand continues to rise for rental units and rental ices continue to rise to cover the owner's inflationary costs.

My hope would also be that the expected rise in rents would improve my cash-flow on this property in the future (and that the Phoenix area appreciates like many expect – icing on the cake).I have access to a $250k private money loan at 8%.

My 2 sons play hockey and lacrosse and are of High School age. 

The cash flow is just the icing on the cake, the real prize is the equity that it creates.

I recently signed a 2 year contract to play professional hockey in the area but as a Canadian I think it gives me some drawbacks and I'm curious if anyone out there has any prior experience.I have a SSN, as well as a fresh credit score (6mo of credit history and will be 9mo by end of September). 

These are popular spots for winter getaways for cross country skiing, snowmobiling, ice fishing and other winter sports.

We also added an ice maker, as the water line is already in place, and I didn't want their kids traipsing around the kitchen carrying full ice trays. 

It’s just plain hot out there and we can mitigate all we can and at the end of the day, if your clients keep it ice cold in there, it’s going to be expensive.  

The property is good shape with updated plumbing, huge open kitchen space with two stoves, DW, fridge and completely separate ice maker (next to the second stove).