They don't: find property, process the assumption, transfer a loan, guarantee anything.They do take a $5500 nonrefundable fee and 1% buyer side commission so as an agent I can't see how you would try them out as you will need to cut your pay.

That can cut into your net gain quite a bit. 

Quote from @Chris Seveney: @Jaquon MillerDepends on your long term goals but based on what you wrote, I would strongly consider refinancing Thinking about it but hoping that rates don’t get cut soon after.

What'd you freaks think of what Federal Reserve Chair Jerome Powell said about a potential rate cut in September?

If the fed cut rates next month it's possible some of this capital will become more active, although tough to say.

We have now cut our liquid capitol in half.  

The only way I see this being possible is if I become a PM, collect all fees, take my cut, then redistribute to the owner.

going to depend on age of house how extensive updates, etc, etc, etc, there is no short cut number that will work 

The main house is completed and as far as labor, I spent $40,000 on just labor and that includes everything from full gut demo to finishes.We are talking about a 4BD, 3BTH two story 2400 ft.² home with a bonus room.This was a full gut job, replaced…12 Windows (new construction)2 sliding doorsTook out all carpet throughout.Took out this ugly 2” thick tile from half of the downstairs portion.Removed popcorn throughout the entire houseTook one wall downA little framing workReplaced entry door 80” x 92”Drywall patchingSmooth drywall work50 recessed lightingAll electrical neededAll plumbing neededNew cement walkway instead of one walk to the front door I created two steps with two lights in each step.Install kitchen cabinets, excluding countertopInstall all three vanities3 bathtubs with one being a modern standalone tub in the masterAll tile work (bathroom wall & floor, kitchen backsplash)Installing of all hardware, faucets, showerheads, etcInstalled 8 single panel doors with hardwareAdding self-leveler after tearing out that thick tileNew LVP flooring throughout the entire house except bathrooms,all baseboards, trimsPainting the entire house, painting all the doors, painting the outside trim.Reframing the outside balconyReframing the fireplace to install new linear modern electrical fireplaceand they took care of the two trash bins.I mean, completely redone.The only thing that was not included in the $40,000 is landscaping, counter top cut and install and of course the ADU which I’m currently working on now.So my question for my fellow investors and contractors did I pay too much?

Like anything is sales (and you are in sales even when you are trying to buy a property), the less clean cut the deal, the more likely it is to get rejected.