They were low on cash so we went with a 5% down 10 year arm loan to lower their monthly payment and allow them to live rent free.

., I've got a portfolio product that we could look at, but it's an ARM with a rate in the 5s.

While I am not in/a veteran of the armed forces, I do have quite a bit of experience successfully assisting clients who are active/former military looking house hack.I would be more than happy to take a look at your situation with you and formulate the best plan for you to move forward with, so feel free to shoot me a PM/Colleague Request if you'd like to chat.Best of luck!

Bank will do conventional refinance with 10 year arm @4.5 percent on 20 year am.I need to generate cash and was planing on selling house number one because of the lower taxes rate but I hate to sell a good cash flow house.

Try to get the seller held note to balloon in no less than 7 years.You could look at a private investor for the second position note, the first position lender, or another lender but rate is usually in double digits and the seller held second is usually better rate and terms if you can get it.

I like my job, but I also dream about escaping and creating a better future for me, which includes a lot more free time and traveling around the world.I have always been interested in passive income as a way to build freedom, I tried to set up one or two digital business in the past, but I quickly lost my passion about them and gave up.I have some money to invest and real estate seems to be a good fit for me.

IP cameras provide a digital signal so there is no need to convert it at a traditional DVR.

 If you have a "business relationship" with the seller of the property (your LLC), it would be considered a non arms length transaction, or identity of interest in FHA terms, and you'd be limited to 85% LTV.  

Currently I work as a freelance IT and Digital Media Professional with over 15 years experience as Business Analyst and Project Manager in the IT field.

Short sales must be arm's length transactions.