@Robert ZabelYou can buy them at sites like getrefm I think they may be $500-$1000+ but these calculators are very sophisticated.

We provide every single channel for marketing we can come up with, we include videos, we include Matterport 3D tours (when appropriate), and we have in house professional photography (seriously - a full time person on the payroll doing nothing but pics / video).  

.- Legal fee (I could for $100 per unit)- Management fee or/and payroll (usually 5-10%)- Repair & Maintenance (usually 10%)- CapEx ($250 per unit)- General/Admin expenses calculate mortgage and seller finance payment are not part of expenses, but you may not cash flow on this property.

I dont say lender because we  only JV but we bring the type of capital your talking about.so private capital that is sophisticated enough to go into spec building is not going to be any cheaper than HML and could very well be more.It can take some time to find banks that will play but it can happen as they are getting back into the game.If you have the three C s and track record I would be pounding on every small commerical bank in the Vegas area.But franklyright now bank rates for  me are 6.5 and 1  no junk fees just appraisal and I only have to appraise one model if its going in the same community. 

They were probably just hoping you would not be sophisticated enough to call their bluff and are trying to scare/blackmail/extort you into paying their ransom fee (and randomized the number to make it sound more official).

There are motivated segments that aren't sophisticated and could be overwhelmed at the idea of doing everything they need to do before listing their house. 

(As most lenders will, except hard money lenders who only look at the property/deal but they will want to see non-trivial money down and their rates will probably be prohibitively high for your situation right now.)I gave a presentation a few years back to our local REIA, RIREIG, on the basics of mortgages, and the "you need to have this" list I gave the attendees, as far as applying for regular mortgage financing, was the following:3 most recent pay stubs (at least a month’s worth); may need to start saving these or get from payroll dept.2 years of complete Federal tax returns (all pages); your accountant may be able to send these to you as PDFs2 years of W-2 tax forms; if you don’t have, accountant or payroll dept. may have or be able to send to you2 months of bank statements (all pages); you’ll be asked to explain every non-payroll deposit to your account (if someone gives you a gift to help with down payment, you’ll need a “gift letter” saying it’s not a loan)You’ll end up having to list in detail all your income, expenses (especially monthly ones), assets and liabilities (see Uniform Residential Loan Application: https://www.fanniemae.com/content/guide_form/1003r...)Apart from that, I do recommend attending one or more local REIA groups as you will probably find many people who will be able to to explain all of this better in person.

You really don't even need to update QuickBooks Pro every 2 or 3 years, UNLESS you are doing payroll.

So they started a sophisticated grow operation a few weeks after your rep saw the basement?

The employee contributions can either be coordinated through your payroll provider and deferred with each paycheck or made separately (e.g. lump sum) directly to the applicable Solo 401k sub-account (pre-tax or Roth). 8.