I will ultimately spend $35,000-$40,000 more on finance charges when looking at the total picture (not paying the $50,000+ pre-payment penalty) but was able to complete the transaction with $320,000 less equity.

George market is most of the current transactions are taking place with buyers from OUTSIDE the county.

I'm curious to try them out for at least one owner occupied client transaction to see how they work at transferring the loan, forms they file, required contract wording, etc. 

For #1, would this check for the 25% be cut to us by escrow after the transaction? 

PMC RECOMMENDATIONRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hi Min, Can you share more details in regards to this purchase transaction? 

@Jason SullivanAnything is possible but to get the seller to finance a transaction at 0% interest is highly unlikelyHas the seller even acknowledged they would consider seller financing?

I sold the portfolio in individual transactions to mainly FHA buyers in 2015-2016 for $140,000-$170,000 and by 2019 most of those homes were resold for $275,000+.

In Q1 we say about $300M worth of loans cross our desk, Q2 was about $300M/mo and Q3 and Q4 we had weeks where we saw $300M. 

And when the deal crosses your desk, you'll know!