I would not put 5% 'down' for a 3-yr LO.  

If you did a Sub-2 and got a tenant, wouldn't that be the same as having a L/O and putting the tenant in, you really think you just walk away from the responsibility of the lease without the owner cutting you lose?

http://t.homedepot.com/p/Viking-Color-Buckwheat-Lo...Cheap to replace and hides stains well.  

In my head I would get L/O it out and in essence have a savings account from what principle is being paid down every month.My initial thoughts were this.

Hello Maura,As long as your loan is presented and structure properly up front the UW should be able to figure out what you're doing quite quickly.In my opinion 60 - 90 days is unacceptable unless you have a really complicated file or the customer is really slow in getting the Loan Officer what they need.Find an LO that knows what they're doing and you should be able to get this done in less than 30 days 100% of the time. 

My original post was trying to figure if one can assign a LO or Wholesale a property that is NOT distressed, but a good performing CLASS A property.

Hi @Brian Lo -- Welcome to BiggerPockets!

If you're doing an LO as an investor, you should not be putting any money down.

I actually joined BP before my hubby @jeffrey lo, but was just observing :).

Do not settle for ambiguous LO answers or a lazy approach to the workload.