They offer similar protection but with return of principle at the end of 24 - 48 month periods.

Unless the cost of the damage is a significant amount ($100K+ ) it's not worth it, unless you're the kind of person who will take on petty battles for the principle of the matter.

principle.

Hi everyone, I have my sights set on an 6 unit multifamily apartment building and am wondering it it makes sense to split it into two 3 unit apartment buildings.

Then, if you send in more principle payments, (i.e. the 15 yr loan), that incremental investment is yielding 4% to 5% (ie. the APR of the loan you're saving interest on).

The traditional mortgage states that my current home will be my principle residence for atleast 1 year.

Rundown of the Deal: -Property Description: Two unit duplex 2 Bedroom 1 Bath built in 2012     -Purchase Price: $134,500-25% Down Payment: $33,625 (many options available for lower down payment)-Monthly Mortgage Payment: $665 (property tax, insurance interest and principle)            -$150 per month principle pay down in month one.

We still cant' even buy cars without a dealership involved, and there is no end in sight for that. 

Then, once they have mastered money management principles, and if they are still interested in learning how to invest, I would recommend several of Robert Kiyosaki's other books.

A very good quality textbook I've read is Real Estate Development: Principles and Process, by Alexander Garvin and Mike E.