Brokers are notorious for promising all sorts of things and not being able to come through because they are just the messenger.

On a 1/4 of a Million dollars, for an entire 1.000% rate difference, you're only looking at $149 mo. diff.250k @ 4.00% = $1,194250k @ 5.00% = $1,343                               $149The problem is, too many people look at loans these days as if it's a 30yr prison sentence, when the likelihood of most keeping a loan in place past 5 to 7ys, before they sell or refi, is pretty slim.This is why  the arm programs are making such a strong comeback!

They (those banks) are notorious for lending an Alt A platform (UW)You need to have access to the banks not some yahoo that is passing around IMB, Homecomings type product that says he's direct to the mandate "of a bank" of all placesI got an IndyMac tape last week and was surprised I didn't see it direct so I asked my guy there and he was miffed as wellTurns out the tape was so old NOBODY remembered itMost of it sold last fall,I really have no idea why people shovel product to the masses, short their desire to get to a "real" buyerMy question though is what type of relationship will you have created when the actual entity wanting to purchase the package learns it is not real or won't trade at the levels offered (30's and 40's)Peace :beer:

Financing violations are up to $100,000 fines and or 10 years in federal prison, violations can be per day by the CFBP, if you're an institutional lender in the business of lending, a $1,000,000!

Second, PVC pipe is notorious for creating static electricity.

You may think its worth more, but the market will tell you what its worth........and Zillow is notoriously wrong on many levels, so yes its a widely known and free tool, but there are WAY better data points on the market in your area.....I would ignore Zillow and work with the comps in your area to "prove" to potential buyers the value of your property- if the buyer is only using Zillow as a reference then they are clueless and you wont change that....

Wells Fargo is notoriously horrible when it comes to short sales. 

I'd recommend an intervention or go with him (sometimes they allow a free guest to attend) and talk him out of it, just don't get sucked in yourself.Not all coaching classes are without value but Rich Dad classes are notoriously bad. 

Using deception to get money is a crime and contractors have gone to prison for doing so.

Perhaps ask for rental / lease history so you can see how long the average lease is.You need to get the actual finances before really considering it, because pro formas are notoriously B.S.