It would just cost you the extra service fee + wire transfer fee.

Holding costs should be lower than using all of HELOC. 50k won’t cut most purchase prices, so have to use some of HELOC too. 

I'm personally making my exit - I never did assemble a team (it costs money for one, then you need the manpower and time to manage it).

Learned that hired labor is the highest cost when rehabbing or fixing up to flip.

In many of the rental-friendly areas of Memphis, their loan product often results in out-of-pocket costs of less than $10,000 per property, which can significantly boost your cash-on-cash return.

It's certainly worth the cost of having him review the contracts and inform you of your rights.

They are about the same cost (which surprised me) but for a rental property that is really probably mostly for pets, I'm concerned about maintenance and upkeep.

We deducted the cost of cleaning the home, the carpet, and some other drywall and paint damage to the property. 

Renting to Section 8 Long-Term TenantPurchase Price = $237,000Renovation Cost =$8,950Appraised Value = $310,000Monthly Rental To Section 8 Tenant = $3,215Monthly Mortgage Payment = $1,890Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $1,125Another investment property was closed and added to my rental portfolio.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.