Have you entertained doing a fix-flip loan for the rehab now and then streamline that into a fixed rate loan?

And there is plenty of home and commercial development in the area, plus they just built pubs and entertainment spots less than a mile from this property.

From my past experience just from renting out investment properties for couple of my clients that own in Innisfil I'm finding that homes take a little longer to rent and the quality of tenants is not great. 3 offers in the first two weeks all of which we refused to entertain.

If a buyer is interested and your in rehab stage than most certainly entertain it.  

If the owner has decent equity in it, they may entertain an offer that could benefit us both.

Thank you very much for the reply @Will, thought that was a very entertaining yet knowledge rich comment.

I have a few self storage opportunities I'm entertaining, but I'm concerned how purchasing a storage property PRIOR to closing on our new home might impact us from a lender's perspective.

I finally told them that we would be happy to entertain a reasonable offer.

As a buddy of mine likes to introduce himself as an Entertainer/Real Estate Investor, funny guy - I will introduce myself as a Property Owner - Remodeling and Demolition Contractor - Web Site Developer/Owner - Dad, Friend and well, I think I earned the title Businessman.

I have seen a few deals that I'm entertaining now close to the 1.5% marker.