This money gets added onto the back of the loan kind of like a VA funding fee does. 

If anything explain that there is a fee on top of a lifetime charge (which on its own is kind of weird), but okay. 

@Bruce Lynn - I love the depth of thought you put into this—these are exactly the kinds of variables that separate top-tier investors from the rest.

Not sure of very many places you can get that kind of return on a $1,000 investment.So, let's see...initial output of $1,000 ROI of $11,000...isn't that 1,000%?!

If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at. 

What kind of real estate would he buy?

So if your investing that full $200,000 getting that kind of return and you currently have almost no monthly expenses I would advise you to double down on what your doing and let it ride for as long as you can.

As per chatGPT, closing costs in Ohio are usually 2% - 5% of the price, so maximum: $6950.I'm open to working with lenders of any kind to make this happen. 

I have heard of cabin / mountain market STR operators doing some kind of hiking package, or way to connect a guest to a private tour guide for an "upcharge" which gives the hike tour guide an income and the STR operator a nice upcharge too. 

I think by the description these guys are brokers .. so they tack on fee's to the direct lenders fee's   Kind of like peer st..