We simply charged 1% service fee.. so if the coupon ( in those days was 15%) We dragged 1% and divided up 14% to our fractional owners..

@Kyle Trotman If you purchased with a hard money loan conventional lenders will require extensive seasoning to utilize the new appraised value for cash out. 

Some of the larger companies will take them, but they often charge a fee.

Warn them that you will report them to the state commission if they attempt to charge you or refuse to comply with your demand.3.

I would get a couple of other opinions on the quotes that are coming in and what you are being charged.

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

They should have also gotten approval from you before charging and doing repairs.

This means the designer will have to charge the client to re-measure and redraw the entire house.

The SST doesn't apply for legal 2-flats so if you want to use FHA it's probably better to target those that maybe also have a non-conforming basement or attic unit.This is why the 5% down conventional loan is a game changer for house hackers.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.