Nate, don't misunderstand.

Its not like we even have a verbal agreement on price at this point.I have a feeling you're misunderstanding what's being required.

When they are filling out the paperwork in my attorney’s office this is covered by my attorney so there are not misunderstandings later.

All the loans securitized on Wall Street are not eligible for this program, unless I am misunderstanding something.No?

Or did I misunderstand?

You are correct, I am misunderstanding capital expenses and operating expenses.

Unless you find a Realtor who is also in rental property business, they will have a misunderstanding about cash flow.

Even on a wiki, throwing out something as a statement when its really a question can lead to misunderstanding and confusion.So, assuming the question really "Is it possible to achieve 100% financing with 223f financing?"

Unless of course, I'm just misunderstanding the question...

Perhaps "Serious Misinformation" should be "Serious Misunderstanding" but the contract should spell out unambiguously what the buyers obligations are.