I can't convince myself pull the trigger knowing if a market adjustment is coming soon.

. $60k, 20 year loan, 1st 5 years fixed at 5.25%, they will look at another 5 years fixed when the 1st 5 turns to adjustable as long as we’ve been on time every month.

I'll have to adjust my work schedule so I can start attending.

You can get 30 year products (fixed or adjustable).For a MultiFamily they will take Annual Gross Rental income less annual operating expenses, property mgmt fee, taxes and insurance divided by annual debt service.

So I will adjust and adapt as time goes on until I see this as a no-win environment.

Your monthly payment will be adjusted depending on the outstanding balance.

@Yengkong Sayaovong With a private lender you will generally need a 20-25% downpayment to purchase an investment property, and can get 30 year products (fixed or adjustable) on 1-4 unit properties.

@Daniel DietzThere are no restrictions like that, you can have loan that is interest-only, fixed or adjustable, 1 year loan or 40 years loan, or anything in between, fully amortized or balloon at the end of x-number of years... as long as the loan is non-recourse.

Typical rates run : 0-2 points at closing, 6%-7.5% for 30 year fixed (lower for adjustable).   

And 3-4 times per year I manually process auction notifications.