For example, if you were rehabbing an old house with plaster walls, the insurer might spec them to be replaced with drywall and base their payout on that BUT the public adjuster digs into all those details and makes them payout based on plaster because that is what is there originally.

Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage)  that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).

Other companies I look up to are BAM Capital and Origin Investments. 

Originally posted by @Matt Schlough:I was using the one from Rocketlawyer.com. 

This payment includes: - **Principal and Interest**: Based on the original loan terms

These fees include charges for appraisals, inspections, title insurance, legal fees, lender fees, and various additional fees.Here is a list of some of the fees you can expect to pay in addition to the money upfront when investing in real estate:Loan origination fee: This is the lender’s fee for processing the loan application.

The original author of the Cost Segregation Studies guidelines in 2004 and its recent update in 2022 is the managing partner for my firm.

Plus it would have to be a banger of a property for me to have that kind of confidence in it going the distance through all the market cycles, regulation changes, OTA market shifts etc at which point I may as well buy it.Which circles back to my original point- if I am not owning and benefiting from the appreciation, why should I absorb so much risk and upfront capital if instead I can find an underperforming property with potential, take a guaranteed return off the top and invest almost no money on my side? 

Originally posted by @Eric McCoy:Hello BP Family!

Originally posted by @Gail Kaitschuck:I worked as a federal employee for 30 years (NOT in this program).