It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

One of my clients just built a new home in Los Altos hills really cool bout 4500 sq ft modern and he is in it over  6 mil just build cost.. young guy late 30s has some sort of on line something. 

@Jordan Brown Welcome and congrats on saving that much in college!

We see too many posters turn angry when they don’t receive the answer they want…….Here’s my bottom line.  

Lots of valuable insight on this thread already..Since you are an agent, you are in a good spot to source, close on, or sell potential BRRRR deals. 

I had two lines of credit one unsecured for 5 million ( check book) and another for 10 million that we would secure them up with .. but you need time to do that bank required appraisal etc before we could tag the secured line and even at that they only lent 72% in these commercial loan structures..

I personally would doubt I could find 30% down on that.

Economic progress is rarely a straight line, and the key takeaway is that while inflation is still present, it is not accelerating out of control.Much of the increase in prices can be attributed to factors that often occur at the start of the year.

Most people will sell you on the upside—cheap properties, high cash flow, and a growing city—but they conveniently skip over the challenges.Tenant risk is real.

Which lenders consistently have the lowest fees and close on time?