Closing costs also affect this, as you will typically pay more in closing costs on a conventional type mortgage vs a line of credit type of instrument. 

Under some unfortunate circumstances, I lost a tenant that was doing a test 6 month trial of renting the granny flat and garage to a month-to-month lease for musIcal needs.

Since when are debt instruments traded in a secondary OTC market not rate sensitive?

Up until recently I was working in the music industry and I was fortunate enough to be performing and recording with some of todays popular artists.

Instrument approaches or visual?

Way back when   when i was working on getting my instrument rating here in Oregon were you fly all the time in actual conditions and lots of ice..

The best way to get an audience with someone like that is to figure out how you can provide value to what they need.a quick actionable item: throw out music; listen exclusively to podcasts or books during your commute.

(in between banks (cheapest) and equity (most expensive))-A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financial instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms.

State Security Instrument Foreclosure TypeInitial StepNumber of MonthsRedemptionDeficiencyAlabamaMortgageNon-JudicialPublication112 monthsAllowedAlaskaTrust DeedNon-JudicialNotice of Default3NoneAllowedArizonaTrust DeedNon-JudicialNotice of Sale3NoneAllowedArkansasMortgageJudicialComplaint4NoneAllowedCaliforniaTrust DeedNon-JudicialNotice of Default4NoneProhibitedColoradoTrust DeedNon-JudicialNotice of Default275 DaysAllowedConnecticutMortgageStrictComplaint5NoneAllowedDelawareMortgageJudicialComplaint3NoneAllowedDistrict of ColumbiaTrust DeedNon-JudicialNotice of Default2NoneAllowedFloridaMortgageJudicialComplaint5NoneAllowedGeorgiaSecurity DeedNon-JudicialPublication2NoneAllowedHawaiiMortgageNon-JudicialPublication3NoneAllowedIdahoTrust DeedNon-JudicialNotice of Default5NoneAllowedIllinoisMortgageJudicialComplaint7NoneAllowedIndianaMortgageJudicialComplaint53 monthsAllowedIowaMortgageJudicialPetition56 monthsAllowedKansasMortgageJudicialComplaint46-12 monthsAllowedKentuckyMortgageJudicialComplaint6NoneAllowedLouisianaMortgageExec.ProcessPetition2NoneAllowedMaineMortgageJudicialComplaint6NoneAllowedMarylandTrust DeedNon-JudicialNotice2NoneAllowedMassachusettsMortgageJudicialComplaint3NoneAllowedMichiganMortgageNon-JudicialPublication26 monthsAllowedMinnesotaMortgageNon-JudicialPublication26 monthsProhibitedMississippiTrust DeedNon-JudicialPublication2NoneProhibitedMissouriTrust DeedNon-JudicialPublication2NoneAllowedMontanaTrust DeedNon-JudicialNotice5NoneProhibitedNebraskaMortgageJudicialPetition5NoneAllowedNevadaTrust DeedNon-JudicialNotice of Default4NoneAllowedNew HampshireMortgageNon-JudicialNotice of Sale2NoneAllowedNew JerseyMortgageJudicialComplaint310 DaysAllowedNew MexicoMortgageJudicialComplaint4NoneAllowedNew YorkMortgageJudicialComplaint4NoneAllowedNorth CarolinaTrust DeedNon-JudicialNotice Hearing2NoneAllowedNorth DakotaMortgageJudicialComplaint360 daysProhibitedOhioMortgageJudicialComplaint5NoneAllowedOklahomaMortgageJudicialComplaint4NoneAllowedOregonTrust DeedNon-JudicialNotice of Default5NoneAllowedPennsylvaniaMortgageJudicialComplaint3NoneAllowedRhode IslandMortgageNon-JudicialPublication2NoneAllowedSouth CarolinaMortgageJudicialComplaint6NoneAllowedSouth DakotaMortgageJudicialComplaint3180 daysAllowedTennesseeTrust DeedNon-JudicialPublication2NoneAllowedTexasTrust DeedNon-JudicialPublication2NoneAllowedUtahTrust DeedNon-JudicialNotice of Default4NoneAllowedVermontMortgageJudicialComplaint7NoneAllowedVirginiaTrust DeedNon-JudicialPublication2NoneAllowedWashingtonTrust DeedNon-JudicialNotice of Default4NoneAllowedWest VirginiaTrust DeedNon-JudicialPublication2NoneProhibitedWisconsinMortgageJudicialComplaint2-3NoneAllowedWyomingMortgageNon-JudicialPublication23 monthsAllowedReasons why people lose their homeA loss of an income, death in the family, medical expenses and other life-altering occurrences can happen to anyone, causing us to fall behind in our loan payments.

And there’s no way to tell when the game of musical chairs will stop.