So the only difference I see is that I have to pay an additional origination fee of 1-2 points on hard money.

If all goes great, we can hit 20% equity and drop our PMI before buydown rate period ends.We’re now in need of some good property management if anyone has a recommendation.I know there’s some info missing in this recap, I’m open to answering any questions!

Originally posted by @Dmitri L.

There are closing costs, loan origination fees and Homeowner's Insurance to add into the number, You will get better detail from whomever is lending the money.

You are better off asking at AVVO.com or LEGAL.comAssuming every answer you get is accurateWell meaning people can give some pretty bad advice, because they don’t know it’s bad adviceNever making a decisionInvesting means taking action, it’s a participation game.

I've found everyone to be quite friendly and answer questions that are posted.

It would be worth your while to have an accountant who knows you and your income streams etc to answer your questions like this.

Happy to answer any questions. 

If possible I would want the amortization over 25-30 years.I know cash out refi is quite expensive with the origination fee and everything, early pay off could cost too or drive the rate up.

@Jesse Edwards, I was just thinking, based on your original post, you should be talking with the building department to understand if there are any nuances in your jurisdiction.