Michael, Thanks so much for replying and going ino detail about the 3 main different Loan typesThe Commercial Mortgage is the one I Initially understood the least about .You definitely helped me now understand the Loans and how they workSo if I go with say a 5 year term with a Balloon via a Portfolio Loan , Then I will have a 25 year conv. loan when  go to refinance my loan when the 5 year mark is up ?

So I know I always wanted to be in the buisness is was just a matter of time of when so oneday on my way to pay the rent I called my landlord an ask can we talk on my way in he said yes so the idea came in mind to ask to purchase the home I ask an he replied yes, so we purchased the home for 15k.

Thanks so much for your reply @Allan Szlafrok!

Thanks for the reply guys. 

Looking forward to your replies.

If there are any builders that would love to show me the ropes and enjoy the fruit of their labor in a year or two once I'm doing these deals, please reply and lets set something up!

@Benjamin Pekarek Benjamin, let me first thank you for being gracious enough to reply to my post and meet with my wife and I.

I eagerly anticipate your replies.

Why is that I'm not able to reply to a post from the app?

to everyone that replied.