So you can access it even if you left the original property vacant or used it as a vacation home.

So I found a bank that will give be a 30 yr mortgage but the origination fees are like $900.

Originally posted by @Stratton B Brown:We have been using several different VAs to do our cold calling for us for about a month now, and they are not producing, their dials per hour are always off and we cant seem to find out why. 

When you hit your point of critical mass institute your original strategy and pay those suckers off and enjoy retirement.  

Originally posted by @Shannon Fogarty:Hi everyone!!

Originally posted by @Kurt Phillips:@Steve Vaughan that is super interesting regarding choice theory. 

It was originally our primary residence that we converted to a rental when the housing market was bad in 2009 (couldn’t sell it) it’s never been a good rental as far as cash flow.

The original idea was I didn’t expect a bank to lend her the 40k for repairs so I assumed she’d be using a hard money lender and I was just assuming at 10 yrs for the loan will full intention of having the property appraised after repairs, remortgaged through a conventional for 30 years at like 3-5% and paying off the hard money loan.

Original asking price was 915k, I offered 820k, and he just offered 875k.

Originally posted by @Shannon Fogarty:Hi all, I am interested in concept of sandwich leases, but all the examples I see of people who have done them do not reside in NY state.