So I'm in for over $70k, which means I'm completely underwater in terms of what the property is worth (which, you guessed it, is currently around what I originally paid. ugh.).

I was very moved, we made a deal that fit their needs, we brought down the interest from the original 8% I was asking to 6.5% to meet their monthly max budget.

Originally posted by @Shannon Niemiec:I have been told $500 is a standard feeThere is no standard fee. 

The sponsors issued a capital call to the tune of 20% of the original equity.

No homes bought 5 years ago lose original value by year 5!

Originally posted by @Mark Ainley:@Veronica Calvillo I will send you a PM for a female only real estate investor group that you can look into! 

Yes, you can apply bonus depreciation to a converted property, with some caveats:- it will be based on your original purchase price, not today's value- bonus depreciation for 2024 is 60%, not 100%- most importantly, you may or may not benefit from cost segregation/bonus depreciationRead this: https://www.biggerpockets.com/forums/51/topics/1075919-five-... 

Oh most definitely - that's why my original question was trying to understand how investors find offmarket deals.

Origination fee ranges from 1.5% to 3% of the cash advance with 0% interest going forward.

I highly recommend that even if you combine lists, you still have a way to know where each contact came from originally for more effective marketing and targeted messaging.