These factors provide good investment opportunities.3.

Money partner. 3 year term, 6 points initiation fee and 11% monthly interest (No appraisal or other BS).How did you add value to the deal?

I am not factoring appreciation in my cash flow analysis, but it was a major thought when I purchased the property.

Other higher fees will cover that “savings” and they’ re title policies exempt a lot of potential liens (code violations, utilities, etc. that are not recorded liens at the time of closing but Do become tour responsibility.

Assuming an average 8% CoC return and factoring in none of the backend, if I invested a total of $5MM into several syndications (assuming some of the windfall went to taxes), we would yield $400,000 annually.Depending on your current and future desired lifestyle you could continue to live modestly, and reinvest a large portion of the dividends earned. 

@Alana Reynolds you should check out what fees other STR's in the area are charging.

It's a fine business model as long as you don't mind your tenants paying fees for your use of the software. 

@Paige Seeley - thanks ...the min down payment for a 1 unit rental  property is 15% ...so putting  20% down isnt that much more ....recasting  isnt always  offered for rental properties so you would need to check with lender ....recasting normally has an admin fee of $300-$500 

It might be that the number doesn't even factor in interest if he gets a total price he would like.Remember to listen first and you will undoubtedly come up with creative solutions to take care of the sellers needs while ultimately getting the property you want.

If they are asking for any upfront fees besides the appraisal, -- Run!