My math says $285K - 5% Commission (no one should ever pay more!)

I was thinking that may be a way for her to get her income stream without the hassles of any of the property management details.A secondary question off of this that maybe can also be addressed by those in the know are - why would a Realtor even reach out to a "we buy houses" type of investor in the first place when they could list their own property and keep 1/2 of the potential commission?

(or maybe so.. but you'd better do the math for the worst case scenario)

As has been pointed out... there are 2 answers.The math answer is: no..

There aren't really any lender fees I hear, and it is probably going to be sold on the secondary market.

@Sharon Tzib The lender would not allow any secondary funding so that was out.

I am a graduate from University of Michigan in Economics, Math and Education.

I think @Aaron Montague 's response needs little clarification.For your primary or secondary residence, mortgage interest is a deductible expense.

Chris, I am a note buyer as well as a note broker and this gives me keen insight as to what is going on in the secondary mortgage market as we are constantly buying and selling notes.

I think the is especially true for a math (arithmetic, really) intensive business like real estate.