You'd be hard pressed to get hard money that fast.

The wood will expand(esp if over concrete, which is common in FL with slab on grade foundations, since it gets a little moisture coming up through it) and the expansion gap wasn't large enough so when it presses up against something it buckles in the easiest direction: up and away from the tile.

Account Closed In Canada we do not have long term mortgages - you will be hard pressed to find anything longer than 7 to 10 years and silly to pay the premium for such a long term.  

I have been a bigger pockets member for close to a year, and I am tired of sitting on the bench.

You press on and say that if he doesn't know what he is looking for, he should bring someone with him that does.....Which ironically is exactly why he wants an inspector.Second, the statement about why would you spend 200k on a property with 2k rents sounds pretty lame when you run an out of state turnkey company.  

When pressed he said it was lower end workers like construction workers, truckers etc.

I pushed the selling agent and learned they had accepted another offer - with financing and inspection conditions - and we are sitting on the bench again.I am only guessing the other offer must have been sufficiently greater than ours that greed overtook comfort and convenience of a sure thing.So once again, we are in second seat ... this time, being first in the door and over ask, I was certain we would be accepted or countered.So what did I miss?

@Charles Press  The 50% rule has nothing to do with financing.

Honestly, I think you'd be hard pressed to find a quality reverse exchange for much less than that which means that you're spending all of your tax liability and maybe more to save your tax liability.  

The note can simply be in both of your names, you can work it out between you.I've been in the non-profit sector as well, as a note holder, how they get along is rather irrelevant to you, you won't know how they get along either, they either pay as agreed or they don't.Foreclosing on a church can be pretty bad press, but it's done everyday....or almost everyday.If they start talking religion, hold on to your wallet!