I signed a cancelation contract in February 2023 for the 5 properties I put deposits down, totaling $224,000 in April of 2022. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

They were total add-ons.

Not enough information here to answer this question accurately.Is the home a total loss? 

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

The information contained in this post is not to be relied upon.

You're totally right—making a schedule with all the important dates on it is very helpful!

Usually an originator/AE will develop referral partner relationships and rely on SOI to bring the leads in while also managing their pipeline.

That means you'll probably have to take on riskier borrowers or agree to riskier terms.My advice - If you don't have boots on the ground here in the states (that you can rely on), or someone you know you can trust to borrow this money then I wouldn't risk it.

That could totally be based on execution failure, but for us, it just wasn't a good fit.