So someone might have a jumbo triplex product at 15% down for owner occupants, and another at 10%, but if it requires the credit report show 3 tradelines open for at least 24 months with activity showing on at least 2 out of the 3 in the lats six months, 24 months of PITI reserves, no >30 day job gaps in the last 2 years no matter the reason, and a bunch of other stuff unheard of in Fannie/Freddie world, then there's no point in getting you excited about it until the lender has all that paperwork in-hand...

It's not unheard of when it comes to C class & lower.

It’s my understanding that this isn’t unheard of but looking for some direction on if it’s out of the question to get involved with?

And $2,000 a month isn't unheard of around here.   

It's not unheard of for them to misplace paperwork though.

In this area It's not un-heard of with that commute. it will simply be up to the underwriter and they may or may not want more info on your employment, such has how often do you need to be in the city etc.

But he is saying this is unheard of, again interested in hearing how you would structure it. 

Personally, from a greenhorn prospective, you'll need to rethink your offer. 99 years is unheard of, and I don't think he'd be very smart to take that.

Not unheard of!

In this case, it is not unheard of to do a quick flip in 3-4 weeks, and then you sell it.