Has anybody ever heard of something like this, he also said it is a 50 year loan that can be paid off much sooner he was describing paying more every month, the extra payment after three years we can either have that money back or we can use it to pay the loan down and he was explaining the resin they do this is to keep money in the account like this because they want to make sure the loan payment can get made in order to make this a  very good performing note that they can sell if they want to.

How difficult is bank financing when it is out of state?

. :) I believe I can stay diciplined enough to make extra payments without having to refinance.

. :) I believe I can stay diciplined enough to make extra payments without having to refinance.

If it cost you an extra $300 and you don't have to hear from your tenant at 3am because the heater isn't working, it's worth it to me.   

I would not miss out on the extra $178 per month.

If I were afraid of paying that extra amount per month needed to keep the 15 year house mortgage going(assuming I can rent it) in addition to putting down 20% for a new owner occupied property, I think my best options would be:1.

I have a small amount of extra cash and want to look into investing in real estate!

Maybe an extra $100 or $150.

If the extra LED sign, or paint, or white boards, or gadgets can produce the return you are looking for, then you have a winner.