Thanks Richard and Jon, Do you guys recommend any commercial lenders that I could go though?

Priceless advice Jon and Richard.

And Richard is correct, you owe them nothing.But I would use the listing agent to look at other properties.

Thanks for the quick response Richard,I've actually been renting the place out for a couple years now and take full advantage off all my write-offs on my income tax.I just recently got a letter from the city that was titled "Notice of Possible Violation"...It's a notification that they are proposing a supplement to the city Rental Housing Provisions.

Look at Lehman Brothers CEO Richard Fuld.

Thanks for the info Richard: I had thought of that and that is why i wasnt planning on maxing out my cards.

There are many generalities, but a lot of good info on how to "think" about finances.Good job Tim, great question/discussion.As Richard pointed out, the mindset as to "why" you would buy your home does not take into consideration if it will be an "investment" However, overtime, it could end up being one.

Great questions, Richard.

Opps Roni, richard@unitedlendinggroup.com

I've read almost all of Richards books and while they aren't strategy based, they have allowed me to broaden my thinking and investigate more ideas.