These are new developments so it comes around a year later when it finally causes a backup or overflow.

(This is my first income property analysis, so be gentle…LOL)Asking price- $130,000Down Payment $5,000 (3.85% I know not much skin in the game)Required maintenance $0 (I am not naïve enough to believe this, but haven’t gotten any concrete data to refute this claim (By the owner).

Finally got an executed contract today after 9 days (after agreeing on price) of messing around with a newbie listing agent on a Freddie Mac property.

The tech finally made it over a day and a half later, diagnosed the problem and fixed it.

I like your analysis though, makes complete sense.

I'd like to buy and wholesale but concerned about having to hold and manage such a headache.Would love your thoughts, analysis and opinion.

You’ve got to hear it from the source.So I finally found someone (that didn’t sound like an obvious Tigrent troll) telling about their experience in the Advanced Training.

Due to buyouts we have mostly sold properties for the last 5 years, but I finally am buying a new property in a neighboring town in the next 30 days.

I agree about just * 50%, but for my first analysis I wanted to get as close to actual numbers as I could and see how they aligned with the 50% and it worked out pretty close.

What they mean to say is that their guidelines are so nonsensical that even their own underwriters don't know they exist - as evidenced by the fact that my file went through 2 reviews of underwriting plus a final round to get me to final conditions (3 reviews) and none of them had said this was an issue.