Oil heating costs are outrageous and you also have to deal with leaking tanks which can be a nightmare.

Lets say its $270k and you are financing $220k and it takes a year at 12% thats $26k in interest plus other costs etc.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

I paid about $1500 in closing costs between title, appraisal, etc, but the original loan was wiped out in favor of a new lower rate. 

You want a design that stays relevant, withstands high turnover, and doesn’t require constant costly updates.7.

Today it has good cash flow (~$6k/month using 49% expense ratio) and is up ~$1m above costs.  

.: Cost of risk scenario. 

In doing so, bear in mind that the cost and admin of a corporation is higher and that the tax treatment is different:1.

Insurance-  replacement costs.  

The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)