Thanks for Sharing @Garfield M. so many people still have no idea the map is still in effect.

I respect that you are doing it with kids, too many people use that as an excuse.

Needing only 5% down rather than 20% will help many people looking in this space.

I am no banker and there are people here that will certainly address your question better than I... but it appears you are blending real property and personal property and trying to bundle together into an LLC. 

So curious if people think I’m nuts? 

Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. 

People are willing to pay the high interest rate because they expect to pay off the loan quickly.If you own the home outright, you would go to a traditional bank to cash out the equity.

Wondering the same about Easy Button Leads (saw James Dainard’s ad promoting it on Instagram, but want to hear first hand from people that are using it)thanks! 

If rates did drop, that 3 year fixed period means their rate would automatically drop with it, so they wouldn't have to refinance if they didn't want to, but if they did want to (cash out refi made possible by a recession forcing more elderly people into assisted living facilities, thus driving up rents, and the value of assisted living facilities? 

Reminds me of Maine, where I spent some of my childhood (another place people are buying into for the same reasons).