Whichever your flavor Dory!

In honor of the 44th President of the United States, Baskin-Robbins Ice Cream has introduced a new flavor: †Barocky Road .â€Barocky Road is a blend of half vanilla, half chocolate, and surrounded by nuts and flakes.The vanilla portion of the mix is not openly advertised and usually denied as an ingredient.The nuts and flakes are all very bitter and hard to swallow.The cost is $100 per scoop.When purchased it will be presented to you in a large beautiful cone, but after you pay for it, the ice cream is taken away and then given to the person in line behind you at no charge.You are left with an empty wallet and no change, holding an empty cone with no hope of getting any ice cream.

RIght now, I think there were four other topics on the board that are of a general or even non-RE related topic like this one.To me, it seemed to have a different flavor about it, more technically driven a couple years ago, when I first got here, I think it's been almost two years.

It's when an option becomes convoluted and takes on the flavor of a sham transaction or bridges on a prohibited transaction that a lender may disqualify amounts or loans funding such transactions.Having been around hundreds of banks I can assure you that loan officers are not attorneys and some may not spot or understand such contracts, doesn't mean that they are a prudent way of doing business.

Where else can you so easily associate with millionaires, lenders, real estate professionals, developers, gurus and specialists of so many flavors.

It means don't waste your time with the flavor of the month.

I follow your logic though... and my own philosophy is that cahs flow has a "flavor and color" -- and it's possible to get "enough" cash flow and still have properties / experiences / tenants that provide you a great "joy to headache" ratio!

Many of the initial underwriting rules go out the window after a loan is seasoned, kept on the books by the lender, and they will take on a different flavor to be sold in the secondary market or to affiliate lenders, but there are generally accepted requirements.

Or is this just another "Guru" trying to sell his own flavor of snake oil?

In Wisconsin, by state law, the trust account was interest bearing account, and the interest was paid by the bank to the state, and that money went to support varous low income housing initiatives.I'm sure there are many flavors of trust accounts found throughout the country.