For example, if I could finance a car with a 2% APR, is that "better" than paying a lump sum up front? 

Lender #165% LTV ( Prime -.17) = 7.33% Variable APR with loan limit of $208,000$65 annual fee starting in year two No closing costs, Max termination fee $300 within 3 yearsLender #270.00% LTV (Prime + 1.25%) = 8.75% Variable APR with a Limit of $224,00075.00% LTV (Prime + 1.50%) = 9.00% Variable APR with a Limit of $240,00078.13% LTV (Prime + 1.625%) = 9.125% Variable APR with a Limit of $250,00080.00% LTV (Prime + 1.75%) = 9.25% Variable APR with a Limit of $256,000$100 annual fee starting in year twoNo closing costs, need to repay closing costs if closed within 2 years 

I found a deal, contacted a lender I had spoken with, and they got me a pre-qualification letter to go with my offer.

It's tantalizingly close to skiing and hiking but just a little too far.

The initial contract I wrote up included an assignability clause and the only counter by the seller is that I provide a pre-approval/POF before they accept my offer. 

It's been about a month now that I've put the word out to a broker and have come up with nothing to date, but there are two bigger issues I was hoping someone could lend some feedback on:- I have received a pre-approval from the bank that holds my current mortgage, and I've been advised they require 25%.

Broker doesn't know what APR % I will get on the loan, loan amortization length, % down required for the loan, what final closing costs will be, etc...

As a bit of a summary - I have figured a pre-fire basis of approx. $249.5K, $15K of that was lost to the fire, the home was replaced by a $665K rebuild* paid for by insurance, and $150K or so in additional investments that pre-date and will post-date the fire will go towards the 2 ADUs.My Questions1.

My wife and I are considering the purchase of two condos (next to each other, to do a lock off) for vacation rentals in Playa del Carmen, it's a pre-sell so we have a better price now, compared to when they're finished and we have a number of questions:1.

I have lived in MI for 36 years - i haven't heard of those cities but maybe..... if they are near a ski resort for winter that is the best and i am not sure there is much skiing in the UP -  closer to Traverse City and anything on a lake will be a huge benefit.