Definitely up, so the gamble on rates cannot go your way.I had one ARM in the past, and it went my way when it adjusted, but only because the market collapsed.

@Harry Gamble The cost of insurance will vary greatly based on the individual property types, specifics, and locations.

I love BP because it provides so many people a platform to be able to discuss many issues involved with RE.

Thanks for the platform BP. :)

Your best bet is usually to use whichever ACH platform your software supports.  

If you own the note, why would you need their platform to trade your note to the secondary market?

I know that some rental applications platforms use it in order to provide landlords with applicants' credit reports and background checks.

I am with Evergreen Note Servicing, we specialize in Seller Finance collections, are licensed in TX, have a fantastic 24/7 web platform that generates investor reports as well as an investor services group that works with our TX properties investors.Good luck with your plan and I hope to hear from you with questions or how we can help you with your properties.

Big banks like that tend to change their parameters often anyways, so I may be on a totally different platform compared to whats being offered now.

Lets continue to have more and more meetups in here in Windsor ON.Thanks to BP Team for providing a platform to Learn.