The interest rate isn't that huge of a difference between the 15 and 30 so worst case scenario if you have the 30 year option is you start paying it down on a 15 year timeline - sure you'll pay a little more in interest over the 15 years, but it will have been worth it if you bought another house.

At CA tax rates it doesn't take much to be a significant number!  

Mortgage notes at 12% with no headaches are the way to go.

This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

That would be a separate mortgage and not what amounts to a second loan on your personal residence, which if you have spouses, they might not be that into.

There are too many factors to consider to just provide base rates for what you're asking. 

In 1972 the 30 year mortgage interest rate was 7%.

GC's get paid off of the work, not a flat rate... but in your experience, would you say that window of rate is generally 10%-20% project depending, or more towards 15%-30%?

Hey Patrick, You can easily do a 1st mortgage refinance or 2nd HELOAN DSCR Cash out while keeping title to your property held in an S-Corp.