Therefore in Cali you encounter low property valuations in comparison to Bogota and Medellin.I do not like buying high, moreover I believe in the mantra that you do not get rich when you sell, you get rich when you buy.

It's just a choice, basically, of what the lender wants you to have sticker shock over.

That is probably the primary cause of the sticker shock. 

I've encountered this a few times in a commercial context.

Account Closed  that is an annomly I encountered in my foreclosure days as well.. borrower paying the smaller payment and not the bigger one..

Hi @Jeremy Taggart,The #1 problem people encounter when trying to use FHA 96.5% on the next MFR is that FHA is skiddish about using departing residence rental income, which can blow up your DTI. 

For example, when looking at a triple-net lease property with a credit tenant, most investors we encounter will accept a lower IRR; if the property presents some significant long-term risk, then they will generally expect higher -- and will generally be less tolerant of dicey cash flow projections.

They even give the discount to my spouse using her mil spouse ID.One limitation I have encountered is the discount cannot be applied to a business transaction (using plastic).

Theoretical economics doesn't always survive its first encounter with actual human behavior.Now, does that mean we can or should *count* on that happening in Denver?  

After closing and going back we noticed a smell that we didn't encounter before.