It also depends on the market you are in and what your competition is doing.

so junk fee's are not included in your apr.and you dont advertise your junk fees  you advertise your points.. and when ALL of your competition is at 1 to 3 points with no up front disclosure of junk fee's in their advertisements then thats how you get the phone to ring..

In today's competitive real estate market, how do you ensure your fix-and-flip projects stay on track?

Particularly on competitive offers, previously most offers would have had similar mechanics, in that the seller was paying both parties brokers.

Because the competition has really ramped up in most markets, you'll need to have good design, good amenities and a good location that is suited to your ideal guest type.

So if they have a relationship with a broker they know brings good deals to the table, they will do their best to be as competitive as possible to win the deal.

The deals I have seen work are larger 4 units $800k+ in class A/B+ areas mainly as those have less competition and atleast my market noth side chicago they still sell at decent real life cap rates.

But with the sharp decline in mortgage rates since May, the moribund housing market is showing signs of life.Confidence rising; competition falling.

Especially in today's competitive market, being creative has never been so important! 

I personally would avoid big banks like Chase, Wells, etc, or credit unions - they tend to have horrific underwriting process and could cost you your deal in a competitive situation.