It's not until I put down $182k do I get a whopping positive $7 per month.

Kind of to "all cash"'s point, it would be "easy" to get this to positive cash flow, but you are not taking into account the "lost opportunity" to make money from the equity!

plus, i can afford my holding costs out of my salary.

They are very well positioned, but I think he's waiting for someone else to pull the trigger.

I have a 1-year position in D.C. that pays $50,000.

u probably know this already, but it's best not to tell or give any personal information about your circumstances to the seller or buyer that may compromise your position, even if they seem friendly.

It can become tricky and probably illegal when you are using private funds for both the first and second... particularly if these private lenders don't fully understand (and believe me if everything goes south they will become the most uninformed people on earth) what the risk postures are of being in a first vs. a second position situation

Everyone listens to every conversation with one ear, waiting to hear how it will affect them, either negatively or positively.

If you can do a cash out re-fi and still have positive cash flow (even if it is only a little) you should probably do it.

I’m quite fed up with my position and would like to start my own company.So, I was thinking if I bought under an interest only loan that wouldn’t suck up all of my savings and my payments would be significantly less.