That could be as high as $14K to $15K not to mention Title fee's, origination fee's and days of interest another $7K to $8K.If you choose a lender or broker and they hit you with lender/broker fee's/points that’s another added cost.My best advice as a Banker is reach out now get a Pre-approval letter up front and give the Bank an idea of what neighborhood or a "mock" address and you can get an actual quote up front to avoid surprises.

Get your finances in order, get a pre-approval, make sure you can spend that amount and still have 15k in reserves and solid income before you buy anything. 

I would grab anyone who will do it for you and I would expect you will pay 15 to 20% apr for those type of loans given the risk profile.. has nothing to do with you personally as a qualified borrower but for a PML if something went wrong and they are sitting behind 3 to 15k mil in senior debt most could not pay off the first to protect themselves. 

I'm looking at purchasing a condo in a ski town/village to use as an STR and am curious what locations others have had success in. 

Hey everyone, if I’m planning on trying to land a pre foreclosure home to wholesale, would I still use the usual 70% rule to calculate my MAO?

Originally, you had a loan of $355,000 with a current balance of $310,000 at a fixed 3.5% APR over 30 years.

The other primary time requirement is tenant interviews and screening; which I feel could also be out sourced with a pre-made script (at least the initial phase of tenant screening).

What is the APR on the AMEX card and the line of credit?

Also, there was a pre-move in inspection by a management company and no statement of cat urine smells or smells of any kind were noted.

Most of those lines of credit start with 12-18 months of 0% APR, and the idea is that you can just apply for new cards once that introductory period is up.