Now, I know the commission is not big on 85k, but, I would rather someone tells me that to my face rather than give me questionable service... afterall, in the big scheme of things, they also get marketing from listing the property, and referrals, future listings from me if they do a good job?...

Unless he decides to screw me over and refuses my full offer under some crazy scheme to get money for his lawyer.What's scrary is some judges could award twice the security $4400 yikes

Rates are pretty darned low in the scheme of things, but it may take them a few years to go up much.  

the whole thing kind of feels like a scheme, but if i did refi into a conventional 30yr mortgage on it, it would work great.

Its not too much money in grand scheme of things - especially if you are new. 

I like the idea of having one payment rather than two (although in the grand scheme of things it doesn’t really make a difference).Your explanation makes perfect sense.  

very old and tried scheme.. fraught with danger.. you have too many people that could default.VERY risky for the original seller.. but then again many middle men that do this could give a rip about their sellers as long as they made some money.. ( not pointing fingers at you of course) but this scheme unfortuantly is full of crooks.. 

Most bumps in the road will be relatively small in the large scheme of things.

I always thought real estate investing was another get rich quick scheme so I never listened to any of the advice I was given about it.

Real Estate sparked my interest because of its potential to create long term wealth and freedom.Anyhow, I am not looking for any get rich quick scheme, but rather something where my hard and smart work will pay higher rewards to have a life of freedom for me and my family.Due to young family cash flow is always a challenge, so I am looking for ways where I can pour in my efforts to build that wealth without putting in too much cash or bank loans of my own.Subsequently, I am educating myself by reading BP's The Ultimate Beginner's Guide to Real Estate Investing and then following up with other reads.With this in mind I am looking to connect with some local experts, online experts, as well as people with minimal experience or even other newborns like me :)Finding BP via Pat Flynn's podcast and then recently via Google search was awesome :)Best,Dharmesh