My PMLs are people with self-directed IRA who are perfectly fine with 5-year term while earning double-digit returns passively tax-free in their SDIRA. 

The only ones who are benefitting are the associations in taking your hard earned money. 

One slick trick that I've used on reducing the mortgage tax is, I'll see if I can get the sellers bank to assign the current debt to my bank and consolidate it with the new debt I'm putting on the property. 

The records show the house last sold in Sept, 24 for 382K and was listed in Oct 24 for 416K and reduced to 406K in November.

Great if you want to add rentals or non owner occupied properties to your portfolio but not so great if you wanted that winter log home in big bear CA or Mammoth lakes, CA.The good news is you're from TN so you have no earned income tax from the state on wages only interest and dividends in certain cases so thats a pro right?

For example, we might arrange a shorter penalty period or reduced fees if you expect to exit the property within a specific timeframe.Ultimately, the key is aligning your financing terms with your exit strategy.

Raise rents, reduce expenses (shop insurance, appeal taxes, refinance, etc). 3.

@Salome Ditmars Although it is great to get referrals this is also something you should take upon yourself to get to know the sponsor and establish a relationship with them since this is your hard earned money you are looking invest with them. 

@Hsin-I Hsu  It depends on your long term goals, risk tolerance and earning potential.A couple of bay area sayings:   Any time you can afford to buy real estate you should.  

or ways to reduce our expenses on mortgage every month. we both make about $105k each yearly. but with us planning to have kids in the future, she may stop working.Any advise is appreciated THANK YOU!!!