I suppose if it was a transfer like this were serge was just doing it for asset reasons .. they know the borrower.. but they cannot know the borrowers current financial condition.with all the Sub too stuff out there most of those loans that got called that would be a cluster for sure.. as I think that the majority that do sub too really could not take down the note they are taking title sub too if push came to shove.. they are just hoping to make the delta and for appreciation...

When looking at tankless, you want to see the GPM based on the delta of incoming vs outgoing water temp.

And then what kind of delta do you think your going to make on sub too per deals.. lets say you get super lucky and you get 500 a month on the delta how much do you need to live on 5k  10k 15k 20 k.. its always way more than you think . 

I'm aware that someone would need to come up with the delta of the purchase price vs. the loan balance (ex: FHA loan at 3.25%, $350K remaining - Purchase Price: $500K, buyer would need to come up w/ the $150K difference). 

DO NOT DO THIS.You can do your own Google stat searching, but lifetime earnings for degree'd individuals vs. no degree is enormous - over a million dollars delta just at the bachelor level.

. $242 delta a month or about $2,904 per year.If I have a one month’s vacancy, I lose $975 in revenue so my yearly drops to $1,929Banks assume a 80% to 90% occupancy and they spend a ton of money figuring probabilities.

RECENT EVENTS:NOV 22: Reserved a 2/2 built in the late 1980's in the Hickory Hill neighbourhood.NOV 27: Executed purchase agreement contract.NOV 28: Wired earnest money to Delta Title Company.NOV 29: Locked in loan rate with Supreme Lending (located in Memphis). 30 year conventional, 20% down.DEC 4: Completed loan documents.DEC 5: Paid for the appraisal.DEC 6: Obtained evidence of insurance thru the Turnkey provider (via Lipscomb & Pitts Insurance).DEC 13: Visited Memphis, toured the MIP offices, visited my property and a few other M.I.P. properties and I also visited Supreme Lending offices.DEC 19: Conditionally approved for a loan, I just had to clarify 2 minor questions.FORTHCOMING:DEC 29: Renovation to be complete.JAN 1 - 5: Home Inspection, Termite Inspection & Appraisal to be performed.I will update as we approach the final stretch!!!

An AC unit should have no trouble holding more than 20 degrees delta to outside temperature and it should not be running continuously.

Additionally, Atlanta is home to some of the largest employers in the country, including Delta, Walmart, AT&T, and Coca-Cola.

Chicago investors often look at Milwaukee and while it is slightly better, most of them find out that the economic delta is not worth the extra burden of going remote.