Dear, BP fellows, I have been looking for investment property loan info for AL and recently get quoted with 30years interest rate 7.625% with 2.125 discount point.

You would need to sell it subject to thus your name would stay in the loan.

The city has seen significant improvement across various areas creating a diverse market with distinct A, B, and C neighborhoods.

MiSTRA - the newly formed Michigan Short-Term Rental Association, does not support these bills as currently written and testified against it - we did a good job to be balanced and offered some ideas for improvements that could be much more favorable.

Should the $10k loan be a lien on the house?

By identifying properties with untapped potential and implementing strategic improvements, investors can significantly boost their cash flow and overall return on investment. 

If you realize profit, sales price - purchase (and some adjustments for closing costs and capital improvements), you have taxable income. 

The bank can call the loan due (due on sale cause).2.

I have a hard money loan through a family member and that is included in that 700k. 

Whichever strategy that you choose, run your numbers, and definitely consider all the other benefits of owning real estate i.e. appreciation, loan pay-down, potential housing expense decrease and/or cash flow.