Are you actually booked out that far?

You actually want to INCREASE it.

I would say know the numbers and then bring an actual deal to the investor.

The "non conforming" lending options are actually called NonQM (non qualified mortgages).

I actually think your company, Drive Home Capital, does have a good track record in the space.

If it were me, I’d run the numbers for both scenarios—how much more cash flow would paying off the condo actually give you, versus how much another investment could potentially bring in?

Submitting real offers that you feel confident actually closing on and having a strong sponsor to work with that has a track record will go much further towards you winning deals.In short, you can pursue larger deals right out of the gate if you want to, but generally expect that it'll take you longer to win one and make sure you have the right players on your team so that you're prepared to win them and to close them once you do.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

One last question - is your assistant actually hand writing the envelop?

I'm actually pretty familiar with this area, I lived in Sterling Heights for about two years.