If this job popped up out of the blue, your intent was not to move within the 1st year, so you may be ok.If you are planning on building a portfolio of homes, it is safest to stick in your home for 12 months to reduce the appearance of potential fraud. 

well, there are gurus and wannabes that's for sure, but if everyone did some research they could figure that out and get the right people to guide them.

Using a Whole Life Insurance (WLI) loan avoids banks but accrues interest, potentially reducing policy benefits—compare this with other financing options like HELOC or seller financing.

Fees seem high but could potentially be worth it.

You will need to go after a strategy that has potential to work or do a house hack. 

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

We are just starting to research and plan for a move out to the southeast somewhere, still in early planning phase. 

I would see what the potential fees would be for refinancing though.

Overall we both would win it seems quite big, esp w interest only the cashflow would be positive. he didnt really like we are doing an appraisal as he might be thinking he can pull a fast one on us w his price tag.. again happy to overpay as i see the potential but obv not outrageously. 2) Can principal be payed down in interest only seller financing? 

Would the potential cash flow of the ADU have an impact on the value of the property?