All the fees add up, and it really depends on what that 5% is based on.  5% of capital commitment is less than 2% acq fee based on overall purchase price (unless the sponsor is going in under 60% LTV).  

Commercial different universe.If a tenant wants to rent a space from me with my commercial property if they are Starbucks then happy to pay the leasing broker upfront when they go hard with the fully executed lease and non-refundable deposit.If it's Joe Schmo tenant wanting to go for their dreams and taking out a Heloc on their house and must be profitable in under 6 months or they go under that is a different world.

However, a large amount of the work that dictates if you can close in under 30 days or not is under your control. 

When we purchased the building this unit was renting for $695.00 after the rehab we listed and signed the lease at $1000.00 in under 24 hours. 

I try to over compensate for the rehab to where I know I won’t go over and numbers still look good then if I hit budget bam I expected that and if I come in under it just sweetens the deal.Hope this helps

Was told by my loan officer Josh I’d be closed in under 5 weeks if the appraisals came back.

We can also close faster in under 15 days if needed and 20 on average with less hands on the file because we approve, underwrite and fund the loan in house!

They are pretty quick to respond to inquires - they got back to me in under 24 hours.

Clog cleared in under 24 hrs.

When asking the owner about the tenant her story is that he moved in under the agreement to fix up the property and had done the opposite since, all without paying any rent.