Initial 5yr rate, max rate increase per year after that, max increase over the life, method for computing the floating rate, amt of bank fees charged, etc.

I can bid on them for myself and wholesale them as long I don't float funds in the closing or I can bid on them as a buyer's agent. 

So you mean to say your fellow contractors , work for builders with no margin , for cheap and then also float the money for 90 days .

Catch my drift?

While there was a mortgage, the MFU 6-plex floated on w/o red ink as the break-even point was two concurrent V. 

So the opportunity for young studs like yourself is to provide them with the golden parachute that allows you to continue to leverage up while they float down to retirement.I've seen the trend in multiple market cycles I'm that old.  

My issue comes on them stating we have to be the ones to float funds when if they feel compelled to help people they should take the financial risk.  

When your late pays suddenly tick way up, you know the economy or region is having some issue.I own strings of townhouses and apartments, so my renters have no toys worth selling, we except CC payments which helps a lot, but like all things they will fall off the wagon at some point, so you need to be able to float the vacancy gap with repairs while your turning units.

I kinda tune my guitar strings to the beat of those distant drums if you get my drift. 

You can always float a 210k (or something) offer and see if you get a counteroffer.