. - Earnest Money/Hard Money- Closing costs (Docs stamps, taxes, etc)- Financing costs (origination fee, lender legal fees, brokerage fee if any, etc)- Offering Docs (PPM, Sub Ag, LP Ag or LLC OA, etc)- Transaction attorney fees- Pre-PSA inspections (walk & talks with contractors, travel expenses, etc)- Post-PSA inspections (appraisal, PCA, environmental, lease audits, etc.)- Purchase of interest rate cap (if bridge loan) or Locking of interest rate (if long term financing)- Software costs (Webinar platform, investor portal, others)

Often the lender breaks out the origination charges a bit instead of lumping it all into Underwriting Fee but the overall amount looks OK.I thought the appraisal was high but then remembered it was a 3-family so that looks OK.The main thing is that when you're talking to multiple lenders, you make sure that you get all the origination charges in addition to the interest rate.If one option is a mortgage broker who has her/his own origination charge, but a lower overall interest rate, then you absolutely need to find out how much that charge is and factor it into your analysis.Usually it makes sense to do it for the lower rate if you're going to hold onto the property for more than a few years, but it's a choice you should consciously make.Paying a mortgage broker fee for a lower rate is not unlike paying points to buy down the rate.

If you look at it strategically as a geographic location it is environmentally safe (no hurricanes or tonados, no rising sea levels, no earthquakes, no forest fires) and probably most importantly for the future, it is sitting on the shore of one of the largest fresh water bodies in the world.I am only half kidding when I say climate change may benefit Milwaukee.

This goes hand in hand with environmental and engineering surveys, reviews of title and survey, etc. 

Also, be conscious of what the average life expectancy is of some of the big ticket things, if i home was built in the 80's, it probably had to have a new roof put on.. whereas if it was in the late 90's, that new roof is going to be on your dime now.    

Environmental and waste clearance...etc. thank you

However, if I can't sway you, at least get a Phase 1 Environmental Site Assessment before you buy.

A lot of quality work was put into this renovation with a conscious effort to maintain and restore the original brick charm.

Also it wouldn't hurt to be conscious of their costs as an investor.

Are there any environmental problems with the site?