But it won't have the pesky mortgage fraud, subprime lending extravaganza, exploding ARMs, zero down payment loans, etc.

Arm yourself with knowledge but don't get bogged down in the details!

I'm trying to get a 30, but doing commercial loans, which they consider me under since I'm using my LLC they usually don't like to do anything but 5/20 arms.

If it's anything like Ithaca, you could be welcomed with open arms!

My protest was successful because the purchase was an arms length transaction.    

My FICO although it explains it, its not explicit.  

How do i analyze the re-pricing every 5 years, is this similar to a 5 yr ARM?

How do i analyze the re-pricing every 5 years, is this similar to a 5 yr ARM?

@Anthony White @Wesley Jeanette, yup no problem.Most HELOCs are not only i/o, but also ARMs tied to Prime.

If you do get a condo I would make sure it is one the explicitly allows Air BnB and before purchasing I would get something in writing from the association board stating they are Air BnB friendly.