@Frank HinckI’m trying to understand the cost of fees, interest, points, as well as holding cost associated to the deal.

I would see what the potential fees would be for refinancing though.

Hello AllI have a opportunity to purchase a 3 unit rental property. how should I structure the offer and what should be required in it.Does the seller provide a fee and clear Title with Title insurance, should the seller be required to evict the tenants before I purchase, what verifications or contingencies should i include. etc......ThanksJeff

Rather than getting a wholesale fee or commission, the student got his name on the deal with no debt.

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

I have always used Zillow/Redfin to find property and then use other tools to verify and evaluate details about them (like finding out how much rent you can get,  confirming property taxes on the county website, HOA fees, etc.). 

You could also structure a plan that has the income snowball pay for the coaching fee.

Their fees and interest rates were high, but they had the least restrictive approval terms from what I gathered.

Fees can be sneaky—markups on maintenance, random charges for inspections, lease renewals, etc.

I am finally at my two year mark not being W2 so if I can skip past DSCR loans and the such that would be much preferred as I dont want to pay the fees if I don't have to as I am trying to get some money I put into each unit to renovate back out of it.