We're largely looking at value add projects (aka BRRRR **cringe**) so that the vast majority of capital is coming out once a refi is done.Not vanilla, obviously.

A unit renting for $700 probably can't go straight up to $1,200 overnight with no updates unless your property looks like the other ones in the area renting for $1,200 and offers similar finishes/ amenities. 

At the very least, I would request a refund of the original application fee as the City made a mistake causing you to have to submit again.  

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

It recently shot up last year.

I am working with some NJ clients on turnkey investments in the Midwest/midsouth markets currently.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

You rates go up even if you don't make the claim. 

You find distressed properties and sell the contracts to investors for a fee.Partnering: Partner with investors who have capital.

The seller backed out of the deal and didn’t show up at closing, but now the wholesaler won’t sign off on canceling the contract.Has anyone experienced something similar?