Personally, I have no issues making the full monthly payments from the start, so it seems unnecessary to pay the buydown payment just to have lower payments in the first two years.Additionally, my lender said that if I refinance before the 2-year period is over, the remaining buydown payment would be applied to the principal.

I've been the owner of a medium-sized business for the past 7 years. 40 years old now and I'm beginning to pivot and re-invest capital into real estate.

I'm Amauri from Orlando, FL, passionate about real estate investing for the last 10 years.

Michigan wins two years out of 20 and I can't stop hearing about it! 

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Stock market returns estimated to be much lower next 10 years.

I’ve already purchased 1 rental property (a duplex) this year with a conventional mortgage.

Anyway, Buyers in the contract for deed have been their 7 years.

Have you noticed stricter lending rules for cash-out refinances this year?

You could buy it out or increase the rate to reduce the years, but it will result in a much more costlier loan.