We have spoken several times, each time I have expressed my shock at the cost and he has not explained nor asked for the money.

I'm so glad I found a post that voices my shock and frustration as well.

In fact, it may shock you that you are supposed to pay all your obligations, not find gray loopholes to squirrel your way out of them.

I didn't refinance, or buy, within 2023, so these increases were a bit of a shock.

This helps prevent any fair housing issues and most cities do have laws around the number of unrelated people allowed to live together... and, typically, this number is shockingly low. 

One advantage is the interest only payments but most are tied to the prime rate so get ready for rate shock.  

So what we did was we’d direct Lo Ball Ho to a property that was over priced where we wanted to “shock” the seller into (hopefully) getting a grip on reality.

A good CPA, advises on threats before they occur, and not tell the client after the fact they owe money and the client is shocked.

Next it will all come down to the numbers for the deal to really confirm 80%-90% LTC/LTV on purchase, 100% of rehab (funded in draws) not to exceed 65-75% ARV (depending on the lender, most are 70-75% ARV) Kiavi is a great lender, but it comes at no surprise as their internal credit analysis throws me for a loop sometimes (and shocks me, as very qualified borrowers sometimes still don't make it through that analysis)In short, you simply need to connect with the right lenders and each will have varying rates, costs, fees, etcBill Fay referenced the Hard Money Lenders link here on BP which is a great direct resource! 

When i first started lending in the mid west for BRRRR in 2002 I was talking to a PM in Memphis and he told me that stat and I was shocked I had a hard time with it.