basically all I'm looking to do is live in the house and make some improvments in it over the next five years. Then sell it for a decent profit so I can buy a better house. i really don't care about paying down any of the principal in the first five years of the mortgage because I don't plan on living there more than 5 years.
This is basically a small starter house that I'm going to live in with 2 of my good friends. They are basically going to be paying me enough rent to cover the mortgage, taxes, and insurance.