I agree that 20 years is a long time to be locked into an agreement but the savings aren’t necessarily small, upwards of $50k for just an average resi system (in some areas depending on net metering, price per kWh, etc.) and much more than $50k for bigger systems.

@Aaron I have done some research through bigger pockets.

As for mine, I would say it was selling a great asset to make up for a huge loss on a bad flip/partnership (both in our personal portfolio). 

I am a property manager and real estate agent and am now looking to buy a bigger building to manage. 

I am in Prince George's County MD and I am trying to create a Bigger Pockets meetup without the sales pitch.

I've used the house flipping calculator here on bigger pockets, although I'm thinking the nubmers would change a little big given the fact that it would be my primary residence for a minimun of 2 years.

seems to me that works.I have had the same set up with my bank for years.little bigger loan size than yours.but one loan is an unsecured loan to go shopping.. the second half of the facility is to secure it up once they have the apprasial.. money comes in on the secured line and pays off the unsecured LOC .. now this is a flipping line not a buy hold line.. but I could refi out and keep as rental if that is what i wanted to do..

Hello Everyone, I am trying to meet with like minded investors who are new to Bigger Pockets so that we can learn together.

Some of the bigger areas will have out of town big banks and investment funds send their representatives to spend millions and they will bid 1% on everything because they don't want the property they are there to make the great return on interest.

Now you pay back the higher LOC with the $56k from the secured loan and go to Disney on the remaining $6k ;-)Then do it again, but go a little bigger.