This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my clos...

The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees.

We are paying upfront points, 1 month prepaid interest, along with title & underwriting fees, etc.

Points are pre-paid interest!

I have, however, had many sellers contribute to my buyer's closing costs - and in one recent sale (3-plex), I got the seller to cover ALL of my buyer's closing costs - which due to some large pre-paid taxes and insurance, totaled $16,000.

If need be, you could offer some incentives to the listing, 1 year home owner warranty, 1 year prepaid lawn maintenance etc.

I've paid for a U-Haul rental, prepaid for a few months storage, paid 2 weeks rent in a short term tenancy building, cash for keys etc.

If you can locate a lender that will loan 100% of the purchase & rehab amounts OR 65% of the ARV, whichever is less (maybe I can suggest one), you will still need closing costs, lender fees, some prepaid interest and funds to start phase one of the rehab.

Prepaid taxes and insurance, another 3-5k.

5/6 ARM at 3%, $1800 in points + $1000 closing costs30 yr fixed at 3.5%, no fees and closing costs covered by rebate except for prepaids