After reading a bit in the forums, the fundamentals seem marginal.

A) 5/1 ARM – 20-year Term; Up to 30-year AmortizationInterest Rate Options:1) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.00% + 1 point2) L5 Resi Owner-Occupied 5/1 ARM No Point Rate + 1.50% + 0 pointPresently: L5 Resi Owner-Occupied 5/1 ARM No Point Product is set at 2.50% therefore, the CML Non-Owner Occupied 5/1 ARM rate would be1) 2.50% +1.00% = 3.50% +1 point2) 2.50% +1.50% = 4.00% + 0 pointTerm: Max: 20 yearsAmortization: Up to 30 yearsFloor: The initial rate on the transaction will be established as the Floor rate for the life of the loan.Repricing: At the end of the initial 5-year period, the interest rate would reset to the then 1-year T-Bill Rate (Index) plus 325 basis points (margin)No prepayment penalties requiredInterest Rate Repricing Caps: 2% +/- at each change date; 5% +/- over life of the loanClosing fees: Utilize mortgage calculator fee scheduleStandard commercial real estate loan underwriting guidelines are required (i.e.

Even with the perfect end buyer lined up, the profit margin is just way too small for me. $100k in it (plus time) to get $105k.

Just bake it into the deal when you are calculating the margin you need to make on the transaction.

Here in the states, sales expenses with a realtor run close to 10% + taxes at your marginal rate.  

I feel for that high of an initial outflow, the profit margin isnt high enough for the risk.  

The cost of borrowing money might be cheap right now, but the interest rate on an investment property will be higher and most important thing calculate your margins and do not buy a fixer upper.

Evidence is that people buy houses no mater what the interest rate and curiously the rate of buying (# of homes sold per capita) remains a fairly steady no mater the rate except during periods of rapid transition.  1% could make a big difference on determining to purchase a rental or not, IMO.I have been looking at turnkey class A properties in a particular zip code I want to stay in, and the margins are thin.

Finally, your profit margin also acts as your margin for safety against such risks. 

W/ no FC notice, you s/b able to wholesale prior to any foreclosure action....but the seller does need to include reinstatement/late fees in their closing estimates.If you can get a sub to arrangement, it provides more strategic options which can fatten the deal's profit margin.