And this is in the context of a conventional 30-year fixed conventional loan, not community bank portfolio loans with 5-year fixed rates.David, for sure, this would not be an "arms length transaction" and deep in the bowels of underwriting hell is the complication that you would need to disclose your ownership stake in the entity in question (e.g. at least via 1003 application.)

Cited 21 safety hazards.

My other lender will do the same terms plus a 5/1 ARM product as well.2.

The classic difference between the two systems lies in the different means they take to establish themselves: communism emphasizes the impracticability of replacing the existing social order by means other than armed force or outside intervention; the advocates of socialism seek to establish it by peaceful means, through election and legislation rather than force.

This would be a bad idea if the loan is an ARM that's about to reset to a higher rate, or if the loan balance is more that what its worth.

I thought we'd kick off our new Buying Real estate forum by seeing what factors are most important to all of you in the purchase of your primary residence.Here are mine:- Proximity to parks, shopping, services, and transportation (highways/trains)- General neighborhood look/feel- House amenities, layout, size- Safety of neighborhood- Quality of local schoolsWhat am I missing?

Financing terms (including arm details and cap, if any)That will allow us to give you a better opinion on these deals.Mike

I'm still on the look for a RE club in TO that doesn't cost an arm and a leg. 2) I do realize that asking money from family and friends can only lead to disaster because many grey and fuzzy lines get obliterated.

You want safety and security then go get a government job.Justin

hi ivanI can only give you one piece of adviceif you think its fraud and you are willing to do that you can find lots of ways around and getting the deal done the question for me are you willing or wanting to do that.the most important thing in busiess and really the only thing in business is your own intergretty so if you are will to accept a deal that on the face of it would for me damage mine I would not do the deallegal or illegaleven deals that are legal that damage that respect I would not dobecause at the end of the day no matter how many deals I dothat respect or that reference of clients or even agents is some thing that i want.so for me is this dodgy as I say and is it going to damage my core valuesand if this one does not yours it does minebut that just meif you are going to try to undercut a mortgagee or funder is going to the heart of investingthe person group or company that you are undercutting is the same group I have to try to find funding from.a bank can and does make a loss and they sell at a discount.but it make the job of a negotiator hell of alot harder to do when things like above turn up as funder think that these are not arms length transactions.so for me if the property was going to you and only you and the vendor was getting zip thats fine by me.as soon as you get to giving money back and not disclosing to a funder that will come back to bite you not the vendor on the rear endas you will want funding at some stage in your live and funders don't like that sort of this and tahts why I say in all your dealing my view is honesty is the best policy