Even if an investor would finance you the rate charged to compensate for the risk of a marginal buyer you would not like the interest rate or money down.

Do you expect that the compensation will induce the agent to undergo far more effort to identify a qualified tenant, or do you expect that minimal effort will be put into it?

Acquisition Fee- this will help compensate you for your time associated with deal sourcing and even managing the renovation.

Based on all the facts and circumstances, you participated in the activity on a regular, continuous, and substantial basis during the tax year (you must have participated for more than 100 hours during the year).However, your participation in managing the activity does not count in determining whether you materially participated if anyone (other than you) received compensation for managing the activity or if anyone spent more hours during the tax year than you performing services in the management of the activity.8.

We do not have one for site built.The other problem is I have to be careful about advice in an open forum without compensation because it creates liability problems.I suppose someone could decide to check APOR every Monday and calculate manually for both HMDA and HOEPA using the spreads.

While his credit is not o hot, there is a compensating factor with you as a guarantor based on your expected income.

But the mortgage company that the LO worked for also charged 1 point more in origination( lender paid compensation).

If they reply back and ask, then certainly let them know, but you are not obligated to give a reason.Once their service terminates, so does their compensation.

You can't have him do work to compensate for some of the rent because you just have 3 units versus having a bunch.

How did you work out compensation, did you pay per hour, or did they get a commission of sorts?