Either I make a loss of $5000 deposit or pay extra $6300 to keep the same cashflow numbers in proforma the sales man showed me.I'll update my further experience here.

If $200K pre-tax is realistic while doing wholesaling then I would be fully content with it, and I would scale it (I use the word in literal sense, meaning: make my operations grow ever larger, not necessarily Warren Buffett large:-)) from there by investing extra capital and using financing leverages to grow into other ventures.

When I am looking to buy properties, I have to walk through personally to not only see the aesthetics but also the systems and layout which are hard to evaluate from pictures.

This is how you can keep the same system, same home layout, and just make a minor change to how the extra bedroom is filed with the cityAlthough not a pleasant surprise like you mentioned, luckily this is a very minor issue in reality and everything they're telling you is accurate.

@Matthew Spiers Point being.....If you do not have the paperwork trail that I keep asking about, you may not be obligated to pay him for the extra work at all......

If walls are damaged enough to add extra cost to paint job, you can have contractor itemize that part as additional charge and deduct from security.

Because of this, a lot of investors tend to pay cash to avoid these extra fees.

Hi there, I don't know that you really need to do that, just apply the extra as principle when your monthly payment is due.

Just a 24 y/o wanting to learn how to earn some extra income through real estate.

Some thoughts - garages or carports, for extra income from tenantsIf you have the ability to add a second driveway, consider trailer / boat / rv storage in an area enclosed by a privacy fence, or even garages to be rented to non-tenants for cars / storage.