The investors in the secondary market have a very good grip on the prepayment risk associated with a drop in mortgage rates and use pricing or yield to offset this, which is why you so often hear of borrowers paying points and lender fees.

We live on the opposite side of Canada for work right now relative to where this house/city is.

Originally posted by @Nate Astrup:Leaving a quick review of All County NEO in Cleveland and Columbus to hopefully save other BP members from the headaches involved with having this company manage your property.

Quote from @Nancy Almann: thanks @Kevin Sobilo - tenants who live in another, smaller apartment want this unit for their 4-legged family. 

Thank you for this very clear solution, Derek.  

Sometimes if that is an approval verse a bank account showing $500K for example, the agent on the list side may need a little education on what you are looking to do, I always have the lender call the agent in this situation to get them on board to get the listing agent more on board. 

You can easily do this on a spreadsheet and it will take less time to track than it would to find and learn a new software.

Ugh, Madhuri, as someone who is heavily invested in Detroit and helps a LOT of out-of-state investors get started there, this makes me sick.I talk to about a dozen folks per week looking to invest in Detroit and I've heard my fair share of Flip Systems folks.

This sounds like a terrible deal, but not much info in hand.

All you can do is run the numbers and see if they make sense to you at this point.