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That's a significant discount --- I wonder if they are seeing a decrease in homes posted.

Best of luck and keep us posted when it is rented! 

I've searched around and think I do understand how it works, but do you know any good resource that I can get more if not at least the accurate information on it?

Because they have no clue what so ever what there talking about, and there posting there feelings. 

@Jennifer Fernéz I run sum numbers for you with our tool, see comments and pics below before refinancing and post refinancing .Financial Breakdown: Purchase Price: $200,000 Mortgage (LTV 80%): $160,000 Interest Rate: 6% (30-Year Amortization) Mortgage Monthly Payment: $959Upfront Costs: Down Payment (20%): $40,000 Closing Costs (3.5%): $7,000 Renovation Costs: $15,000 1 Month of Carrying Costs During Renovation: $1,548Total Upfront Required: $63,548Year One Rent: Monthly Rent Income: $2,000 1 Month Rent Losses during renovations (-$2,000): -$167/month distributed over 12 months Total Rent Income: $22,000 per year => $ 1,833 per monthMonthly Expenses: Mortgage Payment: $959 Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $275 per month Assuming 5% Vacancy: $92 Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $1,676Monthly Net Cash Flow: $157Post-Renovation Refinancing Strategy after 12 months:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate a portion of your initial investment into a mortgage.

The highest value post-TDR use, though, is to go further and create "ecological mitigation" credits and then sell those, too.

@William Fishergreat question thanks for posting, I was just looking around for posts that were related to this.

He did an example on another post  on a subject I’m informed in.

@Polat Caglayan I already responded to another post of yours.Your question will take a lot to answer correctly, so please DM us to schedule a chat:)Thanks @Jonathan Greene!