I have no worries about gambling my time over the higher probability it will close. 

The loan is 9.9% for 20 years and even at that length, it is eating up all of the properties cashflow.Yes, I shopped around but the other 2 places I called were not able to send someone out to give me a quote at convenient times.

And even if you do, there is always a level of "gambling" involved when dealing with these properties.Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

@Armin Trepic my advice would be two fold. 1) Having a knowledge of the stock investing, I am assuming you have a risk tolerance level as well as ability to think long term (investing not gambling) .

I personally don't think the majority of investors are too concerned with their purchase/sale price being "convenient" for a mortgage broker they just want the deal locked in at the best possible numbers that work for them.

I just use it for convenience.

Anyone who isn't investing in Detroit now, I encourage them to continue to invest in the areas they are (more for us).Here is my track record of deals-(open challenge to anyone to provide better returns per $'s invested, no takers to date)https://docs.google.com/spreadsheets/d/1_b5hu-UrEB...Here to discuss your flip strategy at your convenience.

Their job is not easy and you are going to pay for some convenience they provide but be very leery of sustained vacancies in Memphis.

Please PM me at your convenience. 

A lot a of nice areas in Northeastern IL that make for a convenient commute to Racine.