This is where expert mortgage brokers come in, acting as your guide through the maze of real estate financing.

This could lower your resale value. 

Double check your lease, all the legalities and still check with the landlord....

I'll check them out for sure. 

There are some very aggressive investors that refi into interest only products to free up even more cash in the short term - this can be much more risky though, so not recommended if you are not very experienced and have large reserves.

Hi there,As a first-time landlord in NYC, it's great that you're being cautious about this.

Also, most Umbrella Policies only pay out if your underlying policy pays out, and the underlying policy will do everything they can to find an exclusion or that you were negligent (which you probably were) in the cause of action to get out of paying the claim.

This will clarify and reinforce what you are reading.

@Anthony VaganosI haven't checked this in a long time.

What made you interested in investing in this type of deal?