Hey guys,  Im thinking of shifting my traditional checking/saving account and mortgage to a manulife one account which my broker has suggested so I can be ready to pounce on a house and properly conduct the yellow letter direct marketing offering cash when they want it. 

Are you just calling for the listing, or can you offer a free report for example 99 reasons why your home didn't sell or something like that.Don't forget to call the people who know love and trust you. 

Purchase price: $200,000 Cash invested: $30,000 Single Family Residence holding on to.

I'd be happy to connect further and see how I can help, feel free to message me. 

@Jonathan Blanco, I'm and investor and a licensed mortgage broker so I've been on both sides of this conversation.I would look for a lender that (1) listens to you and understands your strategy and needs (hint: it's not always money), (2) has experience working with clients executing your strategy and brings more to the table than just cash - be it advice, relationships, deal-team partners, etc., (3) gives you viable options and explains the pros and cons of each option and (4) you enjoy interacting with - this should be a relationship, not a transaction.Once you find a few lenders like this (and you should have relationships with more than one), then you can start comparing rates and fees.

Because real estate always goes up and the maintenance fairy takes care of all repairs free of charge.Seems like a recipe for disaster. 

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

As for brokers saying "I don't work for free," they'll be paid out of the seller's agreed commission.

I’ve done a lot of research on these projects, so feel free to ask any questions here.

Feel free to let me know and I will be happy to share the link.