Congrats on having the fortitude to make the right decision for your investors and for your business.

With rates being so low right now on a 30 year loan it's a hard decision to take an adjustable loan. 

How about TAKING RESPONSIBILITY FOR YOUR BAD DECISIONS that causes a financial problem for another?

They are also great for networking.While I’ve always been conservative with money, One of the things that has surprised me is that I’ve started making better financial decisions after going because I can leverage other people’s experience who are building wealth (or better, already built it).

@Kwame Darko it's a very personal decision.

@Moises TurciosThe key to picking the right investment is information and the ability to analyze the information, and make a good decision.

@Ronan Donnelly as the rents go im confident that I will be able to get the same rents as the ones that are rented from the vacant units , that's not really what's holding me back, what's holding me back is just making the decision of exactly what to do whether it's by a 2-4 unit in my local market . but the thing is in this particular one I would not be able to move my family out and still would have to pay $750 monthly in the apartment that they are renting .

Current decision is to take out 60%, leaving us with $120/mo after (PITI, cap. expenditures, repairs, vacancy,) and this will fund the purchase and rehab of the next investment property.

Do your research before making this decision; feel free to PM me with any specific questions.

My biggest fear is looking back in five years saying I made the wrong decision.