If you're syndicating deals, then it's a cost that will be billed to the syndication.Even after 2,300 units transacted, we pay an inspector to go into each unit and give us a report of the condition, along with pics.

The challenge for a lot of wholesalers, is once they obtain the licensing, what brokerage is going to sponsor them in wholesale transactions? 

Here is the fee structure:- Flat fee of $595 per transaction (deal over $1M has a higher fee)- 100% commission to agent- Free E&O insurance $1M for every transaction- Updated forms for buy & sale transactions (similar benefits as from the NAR membership)- Annual membership fee of $109X3=$327- No mandate on NAR membership ($550 per year in MA.  

We decided to diversify in a few ways...given as a Broker Owner we only controlled TWO things, our roster and more effectively monetization of ALL our transactions.  

It's essentially financing a portion of the transaction by increasing the purchase price by the contribution amount. 

However it was a very stressful transaction for me, and the underwriting process delayed my closing 45 days.

Most DSCR lenders will not negotiate their rates since they have end investors to answer to, especially if it is your first transaction with that lender.

We’ve used Bob Lambert at Stanley, Lande and Hunter for all of our transactions.

@Michael Morrongiello Oh I know the agreements and the documents used in these transactions.

I feel they should use the transaction value still.I plan to fight with the fact that the market value was set a year ago and I have similar transactions that are lower from Refin this year and some had more bedrooms!