Ask him whether there's another explanation for it - and "company policy" doesn't cut it.If there's no reasonable cause for that fee, tell him you're not paying it. 

Depending on how much money he needs, it should be under $35k and We both have enough to cut $10k off that.

We don't turn anyone down until the unit is offered to someone, even if we know they won't make the cut. 

The appreciate play is an underrated component that people who are waiting to get into the market until rates drop more may be missing out on. 

@John Balzowski  a lot of flippers cut corners to make their deals profitable.Many also get better acquisition prices.What's most important about any type of investing is properly understanding ALL the risks & rewards. 

However there are always things to watch out for: Builders cannot build quick enough now (demand is too high), so a lot of them cut corners; if you have a highly skilled agent they can go to bat for you/keep an eye on the builder as you are out of state.

Depending on how severe it is how drastic the cuts will June-July angle of cuts.

I also watched Peter Linnenman yesterday on the Walker & Dunlop podcast and he predicts 3 rate cuts the end of this year as lagging rental data in CPI starts to hit, and he also thinks a recession is several years off.

If not, cut bait and move onto next.

If you were my client and after truly diving into the why’s, if it still doesn’t make sense, I’d cut it loose and deploy my money elsewhere.I agree that real estate in general is a long term plan - but I like my money to make money.