Originally posted by @Michael Haas:@Adrian Chu we've been extremely curious about that strategy - essentially "Condo-izing" a single family lot.Was this a hold for you, or did you sell one or both of the units?

And it most likely will.There are some loan products available for low downpayment if you are willing to do a live and flip situation. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

We do not have serious floods, tornados, heavy snow and rain, frequent major hailstorms, big earthquakes, or extreme weather conditions.

of course he may have been a clueless dude in Indy and other markets and to me the money he was making just blinded him and his wife.. the move to Portugal was strategic to the extreme.

The two strategies you outlined are extremely helpful to consider..

@Arlene Gil - If you didn't connect with Backflip, I'm happy to talk you through our products and processes! 

Right now there are definitely more units available than average, but they aren't staying on the market for extremely long.

You'll see rate improvements at 25% and 30% down for most loan products.