The note rate, term, amortization, payment history would all at a minimum need to be understood.

Steve, if I understood the firm's people correctly when I spoke with them, the buy back price is not what the numbers would be at the time the loan was called due, it would be whatever the numbers were when the deal was struck as a sub2 in the very beginning.

I have an umbrella policy that provides extra coverage on auto, personal residence and one investment property that I still own from before I understood about LLC's.I then put each rental property in an LLC.

I wish I understood the importance of saving and investing.Best of luck to you!

So, when I read it, I understood why he started investing.

You should ask the question again because they must not have understood the question.

It's best understood through experimentation with models.

As an owner occupied buyer that was one thing I understood is hard to avoid in Minneapolis (100% of the places I looked at had some level of settling), but also something I was looking to minimize.

If I understood that correctly I would definitely come down on price a lot, if I even wanted to continue to do business with folks like that.  

It took getting into high level groups like the Boardroom Mastermind where I understood what paying for the right forms of educations does.