Hi @Chloe Landon, well ill share my story, I went to school UCSD International Business and I got a master in real estate from Wharton and I work few  years in private equity as a investment analyst and did well and open a consulting firm for  medium and small private equity and joint venture investors in southern California, I have all this fancy college and had a great background and I done it all I was realtor in college, as well as property manager and analyst and now I flip and build projects you name it, so that's me then I have a very smart partner who came to America from Israel with about $2000 bucks and didn't know English he was 20 years old working double shifts and over night he saved and got his citizenship got loan and flip his first house and his business grew wholesaling multifamily complexes in east coast and now we are both in our very late 20s year shy of 30 birthday and thankfully we have company with about 190 units multifamily and we individually own a lot of property and try to flip 15-20 homes per year, so no matter what route you take belive in it hard work and when you think you are tried and cant take it anymore do it for another 5 hours if you really want to be successful you cant quite and you can think this is so hard just do it till you see results and everything in between forget it don't program your mind into thinking its hard or what is best just do something, please PM I love to help a  young mother with any info I can.

If one of us suffered some injury or debilitating illness that prevented working, we would have survived but been forced to live that life of sacrifice forever. 

@Neil HendersonFHA 3 yearsConventional 4 yearsVA 2 yearsIf you can provide extenuating circumstances like a death, major illness or something along those lines then 2 years.I hope this helps.

As for the, ill just over insure the properties and hold them in my name.

So I guess ill be thankful for that?

Ill be reading up on this strategy for sure

As a property owner Trump could very well turn the tables and say regardless of his personal views he still rents to those who are Muslim therefore showing no ill intention toward them.

Their point is that some populations such as retirees, the disabled, sufferers of mental illness, etc. are willing to spend a greater proportion of their income on housing (their documents online explain this reasoning).

I see my fist mistake with the 80k down  my loan would only be for 320k but Ill still only take out 100k in equity.

because the $200 i am getting every month now already, so its only an increase of 286, so using your math that would be 8.8%, which is still higher than im getting from lending club.. so i am not sure if its still better to just pay it off...Since i made it clear the increase if i pay it off is only $286 in passive income, then maybe ill get better advice...