I emailed this to you Paul, but I thought it could be helpful for all in here. Had a quick question for you on the Echo v. The Stack. I know the basic difference is the echo the proceeds come directly from the seller and the stack the money is brought in. I have two questions: 1. What is the key determining factor in why would an investor use the Echo instead of the Stack and vice versa? 2. Specifically on the stack I have the following scenario: A. Client has a home worth $220,000, which is also the purchase price. B. He owes $178,000 C. Lender is only willing to lend the client $125,000, BUT the lender is open to 100 CLTV. Question: In this scenario, is it "possible" to run the stack play if the seller holds a $95,000 note (the difference between the purchase price and loan amount, plus closing costs), on this particular scenario? Please advise on this.