@Dillon Onsager Where's the duplex located?

Consisting of 112 units located in a growing and stable area of Dallas.

Prior to investing, I asked my coordinator if the loan was secured and she said yes, it was secured by their property portfolio.

There are a few banks in HK that are also located here in the states.

Quote from @Rachel Jane: First post, no idea what I’m doing, lolMy grandfather passed away and left me his condo, which is fully paid off (and located in a seniors residence) It’s worth approx $500,000 (CAD).

With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security. 

My goal is to create financial security for retirement.

It’s a smart way to dip your toes into investing while securing your first home.You’re not being too ambitious at all!

I don't think that makes sense, because the space certainly adds value, in my experience.But this does tend to vary from location to location.

It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate.