I would imagine getting the cash out is about the easiest part, having the check in hand is the exciting part, and buying a house is the nerve-wracking part. i watch videos at work and talk to my clients all the time about real estate.

I imagine the argument would be, well if PadSplit disappears we need to base it off this less, more conservative number...

I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.

I realize different markets/ schools but I’d imagine they’re all looking at the same time.

Hello everyone,Imagine this topic would get more engagement in a Creative Financing space.

There's a decent jump in rate from 75% to 80% LTV which also affects cash flow...I can't imagine that anything above 80% would be feasible. 

I would have to imagine folks who are competent enough to represent this type of value-add are typically focusing on larger opportunities than small to mid-size SFR portfolios.  

As far as benefit to the seller goes, @Matthew Paul I think you are probably right on the money and regardless of whether they would have preferred to stay in this house rather than move, it is likely providing them some excellent cash flow; and I'd be hard-pressed to come up with a deal that serves both parties better than the current situation. 

I would imagine it would be fairly uncommon to sue for this but I'm not a lawyer. 

I'd stay away from Del Toro for non performing notes, especially.