I am getting this loan at 5% int and paying down principal and interest on each payment.

Expect to pay north of 8.5% on the rate and to be capped at 70 or 75% CLTV. 

I pay all utilities and are reimbursed each month.House is completely paid off!

This code allows property owners to avoid paying capital gains taxes when they sell investment property and reinvest the proceeds into another investment property through a qualified intermediary, within a specific timeframe.For context, we support about a dozen luxury STR investors annually acquire Oregon Coastal vacation rentals with the majority of those clients originating from out of the area or State.

I’d probably try to pay asap before late fees pile up and they foreclose on the property.

It has a sunset clause maximum of 5 years with no penalty to pay it off early.

It has a sunset clause maximum of 5 years with no penalty to pay it off early.

And mark these mother-truckers up, they are paying for the convenience... providing you aren't somehow preventing them from buying the stuff themselves beforehand (the way movie theaters do), it's not at all immoral. 

If a buyer is short on cash to close but meets all of the other requirements, a seller can contribute a % of the purchase price toward paying these costs for the buyer in order to make the deal go through.

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.