@Quinton Bogle be careful of law firms selling comprehensive legal protection plans for the same reason you should not expect non-biased advice on investments from an annuity salesman.

had cash from our cash out of annuity and 401k, as well as 401k loan and selling of company stock for the 20% down, went to our portfolio lender for a loan on 80% LTV that we had used on first purchase 3 months prior.

Wife and I both have good W2 jobs (with pensions), almost paid off primary residence in NY, and majority of assets are in stocks, annuities, funds etc.  

The largest generation in history is retiring right now and their pensions and annuities need stable income. 

Our notes just keep plugging away like faithful annuities.

I'd love to pay cash for all of this but with timing it is just not feasible to save up the last 15k before construction.Starting this Jan1 I will be recieving an annuity that will pay off whatever debt I have from this project.

It's also not for people who are backing into this for the cash value only (even though you can cannibalize most policies these days with annuity conversions).

Keep in mind some that even though and advisor is fiduciary they still may be paid based on the product that they are trying to sell (e.g. annuities which have high fees, universal life insurance which have high fees as well).  

@Bill GulleyThis is my favorite marketing post, older landlords, find all the advantages.I like the term annuity, a cash flow asset that can be sold and inherited.stress your ability to pay as agreed. to have them consider selling, find a price agreed to, interview them as to their needs, meet the need in devising terms, set an interest rate they can't obtain elsewhere.

You can purchase contracts, annuities, life policies, etc. to “payoff” the loan.