Then if the project sells in 10-months which is not uncommon in my market where permits can take way too long, you pay an addition 4 pts in extension fees.

Because he had a mortgage of $6k/mth and a car note of $2k/mth...in addition to his other household expenses. 

I may explore buying sub2, then lease optioning to a TB for 24 months.  

Potential new payment on additional Versa for myself would be $175 for 3 years (total guess)Is it beneficial to try and trade this thing in on another 2015 Nissan and end up with owing $6000 or so and have a much smaller, shorter payment?

I'm planning a road trip to look at some select cities in Tennessee and North Carolina. We are looking for value-added multifamily properties with 40+ units, and we think that TN and NC have some good outlooks. I'm wo...

I'm interested in picking up some additional properties. 

@Percy N. my immediate thought as well...My banker (not my credit union - I have both, and there are good and bad for this) and I have discussed the HELOC and it's 5.5% with no additional cost/fees, etc...

Even if it's nominal, or even if you get no additional rent, working on the place while occupied is cheaper than having it sit vacant while you do that work.

@Assaf Furman the premium is based on the building value you are insuring, so without knowing what that is, no one could tell you if that is high or low.I'll PM you some additional options you may want to consider.

@Rich Lopes Hey Rich- I'm exploring establishing a loan with a personal lender that attaches a lienagainst my property in exchange for a decent interest rate 6-7%.