Some residential LOs I know say New Penn Financial is a good lender for investors who have multiple mortgages.http://www.newpennfinancial.com/

Not the least of which is your financial / retirement goals and how your real estate fits in.While you can move into the townhouse and live there 2 years you will get a partial gain exclusion assuming that you have been renting it out for a while.

Yes, the principal reduced should be part of your financial position.

The major thing that keeps me from Section 8, is that they often tend to be people who would rarely qualify as a regular tenant, and not just for financial reasons.

How many people's financial lives were changed by 9/11 and the financial meltdown in 2007/08?

Have you seen verified financial statements?

Any monies withheld are not meant to slap the hand of the contractor but cover financial losses arising from one partner failing to do their part.

If I remember in basic accounting classes, if you buy back debt you owe at a lesser value than what it was issued at, that is considered a financial gain in the IRS' eyes and we know what the IRS does to financial gains.I'm not 100% sure, that's why I would think its worth a few hundred bucks to find out from a professional.

I don't always enjoy it when Rich and Will do battle, but when I do, its typically because I started the thread and will enjoy the increase in influence.

I do not take any risky financial decision if it will effect my family's home, but it is an individual preference.