And if there was a Buyer out there just as out of touch with reality who did put in an offer of say $275K, they would then need a clueless bank and a mathematically challenged appraisor to get a loan.

Ah good ol Ma & Pa Mathematics :mrgreen:

They are not magically cheaper over time, they are mathematically cheaper over much less time.

There is no mathematical superior place to sell the loan in regards to seasoning of term.

I realize it's a mathematical issue that is really a function of the cost of the contract vs the cost of doing maintenance out of contract, but I was wondering if anyone else had looked into this and what conclusion you may have come to?

@Bob Bowling, That's not a mathematical formula (I keep that in the spreadsheet).  

I'm having a conversation with another Christian businessman, and he is convicted that "the borrower is slave to the lender".I know the arguments for and against borrowing to buy real estate, and from a purely mathematical argument it looks like leveraging good long term financing produces the best return.I am looking for a convincing theological argument for leverage.

There isn't enough land to build and it is mathematically impossible to build affordable housing. 

I thoroughly enjoyed reading your posts and the responses it generated, while simultaneously capturing a lot of details to increase my knowledge and understanding.Your injection of mathematical calculations added credibility and proven facts to the line of reasoning.This is a great story to tell and you have succeeded in doing so.I look forward to listening to the podcast!

As far as cash flow is concerned, that is a mathematical equation that can be easily manipulated.