The opportunity to have a trust created by another putting their money to work on real estate financing and bearing them a fantastic return and points was fulfilling. (12% Interest and 3 Points)When underwriting any file the same basics stick for an evaluation of the borrower.

Simply tell them you are considering renting out your house, give them details, SF, age, features, etc and ask them what they think the market will bear.

Do you know when that will be?  Are

You may even find some investors on BP that are interested if the numbers are good enough.From the seller's perspective, there are probably some costs he will bear during the transaction (transfer tax, recording the mortgage, attorney fees, etc).

Hey everybody, this will probably be a long post so bear with me....I have been lurking here and doing a lot of reading over the past month.

So you'll find it's pretty close to what the market will bear, both ways.Those other factors will always, for a lender, be the return of his money before a return on the money.

1 - I use Bearing Group Real Estate, no issues and very good communication.  

I am prepared to hold steady and see what the market will bear.

@Meghan McCallum  He may be a terrible contractor but you hired him and therefore bear some of the blame for the messy situation you're in.  

A big 24" hole on the siding, siding completely gone beneath the paint, the 2 x 12" plank completely gone, the load bearing joist rot a good 4".