There are no doc loans that I see interest rates in the low 5%'sNo I am not in rush whatsoever.  

She and her partner were able to stabilize the property, after almost a year of full time wotk, and for the last 6 years have enjoyed an increasingly significsnt cash flow from that property and have created a substantial equity position.I have no relationship whatsoever, in any capacity with the Lifestyles orgsnization

@Antoine Justiz, hey I don't really have any insight for you on this topic as I don't know the market up there whatsoever but I am just curious as to why you said if you were to ever move out then it would cash flow negatively?

This is all gold, a lot stuff for me to sink my teeth into. 

I think you'll have no trouble whatsoever selling higher priced homes assuming you can market them well and provide potential buyers with clear and concise information on the property.

The thing is commercial residential has some rather big teeth in it, and a novice can get into serious trouble fast on that 8cap property they bought.

If you add to it, the potential exponential gains from investing (instead of spending) that extra $5k could have gotten you, the total loss is higher than face value....and to me, this isn't investing...it's speculating.Joe, when I look at it from a perspective where I am completely not making any income whatsoever from my normal income job or elsewhere, then yes, I definitely would be losing money on the property.However, if I am getting that income and putting it into the property, I am still increasing my equity correct?

I am not looking to quit my current job or anything else, I currently live alone rent free and would be able to take on payments myself with my income as I also have no debt whatsoever.

They performed 20 hours of work and I receive no communication whatsoever until now??

(I know banks promise more, but it is like pulling you teeth out through your anus to get it closed!