Local relationships are good, but conventional lenders have the same line of products...the creative lenders will have a very different portfolio of products...the product you need may not be offered by local lenders in your area.Lenders have zero influence on the deal itself outside of what an independent appraiser/inspector relays to them...local knowledge of markets is not in play at all.

It goes into depth at explaining how ARMs work and how each borrower must be educated on them to ensure they know what they are getting into.Here is a link to the CHARM BookletIf the lender you are speaking with isn't disclosing this to you, I'd read the booklet and drill them on these very critical points of the loan and probably ask yourself if this is the lender you should go with...Cheers!

From here I would say that you should play it safe and Invest in something close to home and a few years from now if you move to Florida bring your Cash to get the best Deal.

you're playing with fire here.

If you play your cards right with AMC, you can retire much earlier than you ever dreamed!

Be sure and tell him no playing Hockey in the house!

The husbands played smart and kept their mouths shut.

That’s where seller finance comes in to play.

There are many details that play a part, but in an attempt to oversimplify - I don’t know how to get started before this ship sails.

This is assuming other factors too...some states might change how all of this plays out but I would at least consider the deal first.