Either I risk losing my insurance or I do what they tell me.

I've closed loans after 90 days before.4) The Lending terms is not where you will win or lose Caleb and whoever else is out there wanting to start out and are a little tentative and nervous and unsure. 

I also think you can get 6.5% interest these days so that should be closer 30k a year for P&I.I just don't see how you can lose money like that if your gross rents are 100k on a 500k purchase price and you're putting down 20%. 

Where I see mistakes made in the note space are:1. companies turn into marketing and education - they lose focus on underwriting and managing their business.2.

Now I always give the disclosure that I'm not an exact expert and can only give you my limited knowledge and experience. 1st/2nd Question:I've never had a Housing Authority close up or lose financing.

Yes, we will be able to live in our own house and not throw away our money in rent, but we will lose all the cash flow because we will need it to cover the primary residence mortgage. 

This is why you need to do a ton of due diligence on them and make sure they have skin and the game and something to lose.

If they don't pay or violate the lease in any way, they can lose their vouchers. 

The risk is too high of losing everything.

It depends on if you want to make money or lose it.