I have always heard the having credit cards open for long periods of time shows you have good length of credit.

I am looking at buying down the yield maintenance period for additional flexibility to 10 years.

If objections are not cured within such 15 day period, this contract will terminate and the earnest money will be refunded to Buyer unless Buyer waives the objections.

Example:Purchase price $5,000,000Down pmt:    $1,250,000Amt:   30 year Interest: 4.5%Interest only period: 3 years If the property will bring in an 8% return and I’m going to have $750,000 and the debt partners would finance the remaining $500,000 for the down payment I think this would work. 

Sounds like you are doing it the right way... education first.

Education + action + positivity 

Getting out of a bad partnership can oftentimes be more challenging than getting out of a bad marriage.Good luck in your future investing & education!  

Papersource is great for 'all things cash flow' investing and is very educational. 

YOU still have to give proper notice,, NO way can you do this the way your thinking,,Download your state landlord tenant laws so you can operate this business properly,Get a copy of their current lease,, IS there a clause that says,, it will automatically revert to a month to month term if not renewed for a longer period..IF so your fine,, you'll just give them notice of lease terms changes the next month,, they don't need to vacate if you want to keep them,, you can give them a heads up what the terms will be, you can suggest it would be nice to start off with a new lease, but understand they have a month to accept that new lease or give proper notice to vacate..It's not that it can't be done,, it has to be done the proper way..

For example, it might be a tear down where some investors do not want to take the risk of taking up their money for extended periods of time.