@Greg Hall  That may be it....this was actually a property that showed up on my cash buyer report through MLS...I have never really explored cash buyers until recently and found this a bit odd...I have seen this before on manufactured homes due to inability to gain FHA financing, but never a traditional framed property.

I went the traditional route.

I think it's hard to argue that agents aren't overcompensated.Here's why this will fail: "Trelora's model is also different in that it pushes for flat fees on both sides of the home transaction, something traditional brokers argue will trigger a destructive race to the bottom."

If your worth a few hundred million, then you might need to do that,,if not, get a several million dollar umbrella policy treat people right and keep your properties up to date.To get maximum cash flow you need to get a 30 year traditional mortgage at around 4 1/2-5% locked in for 30 years, not a commercial loan at 6-7% that the rate is only locked in for a few years.Your allowed to have 10 mortgages in your personal name, use those first, if your spouse has income and can qualify for mortgages, put 10 in his/her name,,,There are very few (but I didn't say there weren't any) reason for a person starting out shouldn't be putting properties in their personal name unless they are worth a LOT of money, as long as your dealing in single family.Take the time your spending looking at different corporate structures and spend it looking for a deal and putting in offers.andy

Out here, paying points at closing, monthly interest payments, and then paying the principal off when you sell are traditional.

Traditionally, Building Supply Warehouses dealt with contractors only.

Pay Day rent schedule line up on the resident's pay day instead of the traditional first of the month thing.

Mashvisor's suggested traditional rental income was over 17K, I rented the place for $4000.....

Most people who want to use a portfolio lender are doing so because they do not qualify for the traditional Fannie/Freddie loans.  

This will be an over simplification but look at some simple numbers:Year #1:4-plex @ $400,000FHA Mortgage (3%) =$1,700 / month = $20,400 / year3-rents @ $1,000 / month = $36,000 / yearNatural / Forced appreciation (10%) = $40,000 Year #2:Refinance @ $344,400 ($440,000 value)Traditional Mortgage (4%) = $1,650 / month = $19,800 / year4-rents @ $1,000 / month = $48,000 / yearNatural / Forced appreciation (10%) = $44,0002nd 4-plex @ $400,000FHA Mortgage (3%) =$1,700 / month = $20,400 / year3-rents @ $1,000 / month = $36,000 / yearNatural / Forced appreciation (10%) = $40,000 With natural and forced appreciation plus the equity gained by investing rents, there should be plenty of room to lower the mortgage amount - watch out for higher interest rates because they will be something that bites after coming off a FHA loan especially if rates increase.