It’s a routine process that many banks have forms for on their website.

Experience:  Yes, having a number of verifiable flips is the best way to get the lowest rate and highest LTARV, I work with an great number of "first timers" who routinely have 90% of their projects financed based on sound projects and good credit.4.

No biggie.Once you are used to a problem it becomes routine.

My personal methods involve staking out the place through several nights to get a good head count and understand the tenants/guests routines.

Let's assume that your net sale price after deducting routine closing costs is $1.85 million.

As Ted said, it could have either/both been a bidding war and/or the seller paying closing costs and adding it into the loan.The other options are:- The seller underpriced the market to get offers above asking price;- The buyer was buying through NACA, a lending organization that routinely allows buyers to buy down interest rates with seller contributions;- The listing price was dropped before the accepted offer was received, so that the accepted offer was made when the listing price was actually higher.

Build your systems and team and it will be easier, maybe even routine, in the future. 

@David McCracken As a home inspector I test for both radon and mold routinely.

Keep the same routine.

Expenses, averaged $15,000 per year, ($435,000 total) including routine maintenance and improvements.