This money gets added onto the back of the loan kind of like a VA funding fee does. 

The legal fees and filing fees for the Reg D package average about $10,000 or so.  

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

Offer discounts for applying in a short time period or- offer a free application fee. 

I just wrote an offer for full asking price at 30 day close, with a contingency to extent at BUYERS choice for 30 more days if I don't get an favorable response on the electricity install costs.

It is also important to consider the transactional fees associated with originating the HELOC, whether an appraisal is required etc.

While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

There are plenty out there with fair rates and lower fees.

Just plan on paying the agent's fee if you are successful.