Yes I have used private money with regular amortization and payments with my previous properties, but this private lender offered the interest only loan, which I've never used before.

Maybe we can grab breakfast or lunch one day.I hope to see you around BP as a regular and maybe around town!

PM me :) 4) Yes condos are becoming more & more popular even with the HOA's because the higher rental rates you get for a lower capital outlay washes out the HOA costs from an ROI perspective. 5) The longer you wait, the most it is going to cost you and the lower your ROI will be.

Initially they told me over the phone they will be doing this regularly and after 4 months I asked them if they were checking them.

Is the existing financing a regular bank?  

Before I joined the Army I did home improvement side jobs, i.e. paint, dry wall, tile, carpeting, roofing, little bit of framing, pressure washing, junk removal, lawn care.

You can have regular tenants or do short term rentals. 

Hey BP,So, I know that when you are placing an offer on regular houses that is FSBO or listed through the MSL that you add some contingencies to protect yourself.

I've been a regular listener of the BiggerPockets Podcasts.

It never occured to me that they may allow friends to come wash their clothes - but that happened to my husband and I when we were younger and had our own place - people asked if they could do laundry at our place more than once.