Tie Lasater Your story sounds very familiar to our story, however we have yet to find the success piece.

I didn't look up the limits,  but that limit sounds like it is for a SFH.

Sounds Army/Air Force if I’m correct.Well done on your VA strategy.

@Rich Bravo Sounds great Rich, I appreciate you reaching out to me.

That sounds great Kurt!

This scenario sounds good when I write it down but scares me to buy at what seems like the top of the market right now.  

I know it sounds like that is the thing to do but why do the bank favor when you can reinvest that needed money into more real estate!

It sounds a little like Maslow’s hierarchy of needs but it also looks like it takes into consideration personality after our basic needs are met.

I'm in NY and insurance companies licensed to operate in NY may not be licensed where you are.Also, I own rentals and engaged in several other businesses, and it's best to know and use an experienced insurance broker in your area, preferably a local one.I once bought a business for someone who had his business in an S Corp., didn't realized when his business get sued, lawyers normally sue the entity and the owner personally as well.

I would retain the communication where he told you that you would lose your security, because THAT is not legal and sounds like a threat to me.