Typically, the interest rate is .25%-.50% higher, but then can sometimes be negotiable depending on your situation.That said, for somone just starting out  it probably makes sense to put the first few loans in their name (unless they are purchasing with a few other people) to get your choice of ammortization and the lowest rate, and quit claim it to an LLC if you decide you want an LLC as part of an asset protection strategy.  

I resolved to do things the "right" way this time and to be very deliberate with money choices.

Let's get into specifics and see if it's mutually beneficial. 

I want to sign up with a national coach, I have thought of signing up with freedom mentor I was wondering before I did make the choice if anyone has taken his course?

I have a 3bed 3 bath SFR for sale for 140k 15K down 125k financed @ 8 % I will have a previous note for 124k @ 3.5%- Mortgage and Escrow at Buyer wants to place cash down as soon as possible, we have a verbal agreement and I have contacted an attorney (www.lonestarlandlaw.com) in the state of Texas to do the contracts (he is charging $750.00) Looking for advice as far as being totally protected and if this is a good deal/good choice on attorney?

@Jay Whitfield  this may be beneficial: http://www.biggerpockets.com/forums/93/topics/143750-unlicensed-wholesale-ohio There are more related posts if you do a BP search.

My question is, is it beneficial to find ways to lower our payment by refiancing?

This sucks, but it leaves me with a choice of a market I know with low returns or investing out-of-state and getting higher returns at higher risk.

Three words: OPM or Other People's Money. also, most people on here who have 100 units have either been doing real estate for a long time and have made successful choices throughout all of the ups and downs or have had previous successful careers.

Given the choices, I believe SJ and Oakland would benefit most.