They aren't the actual bank so need to upcharge these fees and hoping in volume they can make enough to continue operating. 

We actually CAN'T explain what we are seeing if we are operating on the "purely rational actor" hypothesis (as you implicitly observe), we MUST include highly irrational and emotional individuals to explain what we are seeing.- Investor uncertainty.

Investing in real estate in actually starting, managing, and marketing a company. 

Weirdly, you may actually be able to get better terms and/or more LTV on the refinance if there is debt on the property as lenders have rules for max cash in hand (max proceeds you get at closing) for cash-out refinances.  

Hey Jamie, I am actually a property manager located in Jacksonville, FL and work with several investors in the area.

If so, I know credco for us sends someone to our office to make sure we are compliant.When we boarded on the IM side it was intense but I actually am glad to go through that process, it means they are serious about compliance.

I doubt it was actually live.

Hi Penny i'm actually an investor that resides in Odessa as well and my realtor actually just sold a duplex recently and in that area they have several occupied duplexes and some for sale.

@Ana Maria A Self-Directed Roth Solo 401(k) is a great option for real estate investing if you're looking for tax-free growth and withdrawals in retirement.

@Emeka Okeke, the biggest thing is actually doing it.