This means that the principal balance of your loan is 78% of the original value of your home.

Im the original poster, and let me tell you , i was never able to close any deals since joining the program.  

Better to own a smaller percentage of projects that perform well than own greater percentages of projects that perform poorly with added stress. 

Partner financed the original purchase price, we refinanced using a DSCR loan with no money down from my end.

I am from this area originally. 

Talk to the current owner to see how long the leases have been in place and the look up local laws to see what happens when the original lease ends (typically 1 year) and what happens if no end date is stated.

As far as closing costs go, see below:-Title fees-Title insurance-Hazard Insurance-Lender's closing fee, underwriting fee, or any other flat fee they charge-Origination fee-Attorney fee (if the property is in an attorney state)-Doc fee for closing docs-Prepaid interest through the end of the month you are closing-Recording and transfer fees on titleThat will cover most of your normal closing fees. 

The commission paid greatly outweighs having to go back on the market and potentially getting less than you listed it for the first time.Some individual markets are better for this than others, but if you have an agent with a great strategy on the list side (professional photos, staging advice, etc) and you pair that with listing the property at a low price; you increase your chances dramatically of getting a bidding war and not only offsetting the commission but potentially making more than originally planned. 

I am a certified high performance coach and psychologist. 

If not, reread the second sentence in my original post: "Mike Zuber has an excellent story on how this is possible and probably an excellent way for the any new investor to develop their wealth"I'm unclear to why the issues with the ORAAT group exist.