Probably higher than the extra rent you could charge.

My strategy so far has been to let the PM look at this as a opportunity for him to earn a full commission, and facilitate a deal for me.

Ok, Ive received a call from someone whom is interested in selling his house, he recently bought it in Dec for 65K, according to him he only owes 55K and wants an extra 10K for the amnt he put into the home.

Ok, Ive received a call from someone whom is interested in selling his house, he recently bought it in Dec for 65K, according to him he only owes 55K and wants an extra 10K for the amnt he put into the home.

The buyer should expect to have to come up with extra cash to make up the difference, above and beyond the contract price.....which means you adjust your contract price accordingly, before submitting.If the house is underwater on just the first, the second should expect about 5%.

Sounds like the closing process should have earned you a masters degree in experience and education ;) Glad it had a happy ending.Couldn't agree more about the value that BP brings to this space. 

I can afford it... just would rather put the extra money into the next deal. 

ie do you have to pay any extra for maintenance/capital expenditures?

He said it’s an very unusual request and due to federal laws, I needed some form of documentation for anything extra being put on the HUD statement.

What would compel a landlord to take on a tenant without a lease (other than extra rent)?