@Khandbari Rai pros- you can make a  smaller  payment ( the Int ony  payment ) for  up to 10 yrs    ...cons - the rate for this program is slightly higher than regular amortizing loan ...if you make the min payment - your loan balance  will not move  down at all  over  10 yrs  -  the lender  uses the  full amortizing  payment for qualifying  ...at the end of 10 yrs - the lender will change the payment to a  fully amortizing payment for the  remaining balance over the  remainder of the loan term ( likely to be 20 yrs)

By way of example, many of  what I refer to as  "Course Educated GP's" are taught to associate and provide services for legitimate GP's in return for permission to market themselves as a Co-GP.

Just make sure you have full understanding of any implications of using your retirement account.

Hey Pat, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Much cheaper and easier to get them serviced 2x a year vs replacement.Sounds like the LVP is a cheap version.

-your first tenant leaves when their lease is up and it costs a few thousand dollars to turn the property, and then you have to pay another full month rent in commission to find a new tenant.

It looks like the street is full of attorneys, real estate, and other reputable businesses, so the location looks to be strong.Exterior looks nice and fits with surrounding buildings.

We have been self managing from afar utilizing previous service providers and friends with an occasional new hire.

How does the demographic profile (age, income, health status) of potential residents in New Jersey and New York influence the demand for assisted living services?

Hi Eric,Was this loan a full-doc loan based on your yearly income?