He's changing the terms of the agreement, and you can choose to accept it or reject it.I don't think it's fair to pass this cost onto the tenant just because you are unwilling to stand up to the contractor.

Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.

Unless the balance is low, you'll likely recover the refi costs in a year or so.

And the other way, if you’ve worked with someone who you absolutely would not use, please share as well so i can avoid them at all cost :).  

A big reason?

It costs nothing to create a new series and you can have as many as you need. 

There can be substantial transfer costs and taxes involved.We're not even dealing with the issues of protected classes, emotional people, pre-foreclosures, elderly and minorities.

I do not ask for a fee from the buyer or the seller in order to keep the net high for the seller and the costs low for the buyer.

For this reason, it is generally best to have the LLC registered or qualified as a foreign entity in the state where the property is located to avoid complications like this.

I suspect the reason why your rate is so high is because you’re using an online lender.