You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary. 

This was a clean foreclosure property, which is usually difficult to find.

CA really cleaned up the fractional note business from my days of doing it in the 80s..

Even if it's cleaning rooms, get a feel for the operations.

I know they are crazy guest friendly but this seems over the top.Guest didn't deny it....responded with "I payed the cleaning fee, why would I clean up?"

I've had lenders offer products I didn't know were out there for buying certain types of properties as well.

The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.

That will have a much larger impact on your outcome versus the debt product. 

I'm interested in hearing what types of loan products your company offers.

There’s no reason to go through a disaster (I'm mid recovery myself) and not get the financial upside by becoming the developer and selling a finished product versus raw land.If you have to completely rebuild, it’s a two year process at minimum.