when your selling a property as an agent you must disclose that your a principal in the transaction at least in most states I work in.. 

Loan is now due to adjust to 5.125% and my monthly payment would jump up around $100/mos if I stay with current mortgage provider (who I detest).Details...3/2.5 townhouse in trendy, walkable class A areaOriginal purchase price: $142kCurrent value: ~$300kBalance owed/payoff amount: $112kCurrent monthly PITI: $820/mos @ 3.875%HOA: $390/mos (includes water, trash, sewer and all exterior maintenance + pool and clubhouse access)Option 1: refinance with new lender4.375%, APR 4.663% - 30 year fixedPITI: $840/mosHOA: $390/mosClosing costs: $4-6k (lender says these will be rolled into the loan/absorbed by appreciation so my out of pocket will be very little)I’d been moving ahead with this option but noticed that I’d be paying $30k in interest over the next 5 years and the total interest percentage over the 30 year loan would be 79.92% :(Option 2: pay off loan balance of $112kMonthly payment: $390/mos HOA + insurance and utilities other than water, trash, sewerI’d still have six figures+ of cash reserves after paying off the loan Save $30k+ in interest plus $4-6k in closing costsOption 3: allow loan to adjust to 5.125%PITI: $950/mosHOA: $390/mosNo closing costs, still paying principal down at a good clipDownside here is that it can keep adjusting up every year and I detest my current loan provider, so I hate to keep giving them my businessI know many will recommend a cash out refi to buy more property or invest, but I already have ample cash from selling a property and my portfolio is in a good place where my rentals cover my monthly expenses if I were to quit my W2.

The little extra you pay each month towards principal, means the following month you will owe a little less than the $375k.

I wonder what my bank would think if I asked for a $40k loan against that principal sitting in a mutual fund? 

IIRM keeps updating every few months but a small property is being foreclosed by borrower supposedly and now they are messaging that we may not get our principal back. 

Other lenders, who expect monthly payments, might add these to the principal (and charge applicable interest) so they know the monthly money is there.

Does the above scenario mean that I would be making monthly payments (to the homeowner) of $834.78 for 60 months plus pay a principal balance of $176,034.60 at the 60th month? 

His name is Jason Weiss, CPA and principal of Weiss Accountancy Corporation.

This saving $$$ I Have done 2 deals so far using the principal residence exemption.

This saving $$$ I Have done 2 deals so far using the principal residence exemption.