Talk to them about getting a commercial loan rather than a conforming loan.

Sure, its the June 19, 2008 Realty Times, "Holding Property in an LLC Just Got Tougher" by Diane Kennedy"Freddie Mac, one of the two largest underwriters of conforming loans on the secondary market, have changed their internal rules to state that they will no longer refinance a property that has been inside of a Limited Liability Company (LLC) for any time within the past 6 months."

I know rates are 5.5% but that's for the best borrowers with conforming loans and 20% down.

Then take into consideration that the lender's rate sheet may changed a few times per day depending on what the markets are doing.I would like to point out to investors that conforming loans have had some major adjustments to the rates.

One issue that I'm going to run into is the conforming loan limit, since I currently have 5 properties mortgaged under my name.

However, it is now tough for me to qualify for a conforming loan because I already own 4 homes and Freddie has just changed the rules there.This home is probably worth around $300,000 and I am willing to sell it for between $200,000 and $240,000 depending on the terms.

There are times when I walk in the main door, then walk right out because the property has zero appeal to me since it does not conform to the two preferences I have.Because she wants me to make offers that are ~95% of asking price, I haven't made a single offer yet.

My other solution that I thought of was having the end buyer deposit his 20% down payment in an escrow account, then closing on my purchase, having him obtain a non-conforming loan that doesn't require seasoning, and closing in my sale to end buyer 30 days later.

First, remember the banks are regulated by the federal government and they are required to underwrite conforming loans and second, bank loans tend to be very structured and are generally inflexible to your project needs.

I used $100K @ 7% for 30 years.Total interest over 30 years =$139,509 Adding $100/month drops it to $89,002 and 247 monthsAdding $200/month drops it to $66,813 and 193 monthsAdding $300/month drops it to $53,863 and 180 months $100/month = $24,700 additional P to save $50,500 I, 2.04 ratio$200/month = $38,600 additional P to save $72,696 I, 1.88 ratio$300/month = $54,000 additional P to save $85,641 I, 1.58 ratioThat last bit is only for those that are numbers freaks like ME.The rule used to be that GNMA/FNMA (conforming) loans as well as FHA and VA loans had rules against prepayment PENALTIES.