ARV is 142,000Actual Rehab needed: 16,500Buying Selling Holding Costs/Fees: $12,000Realistic Purchase Price: $99,000Profit: $14,500I guess the market is lacking inventory so actual home-buyers are coming in and offering $130,000 and thinking they will fix it up themselves for $8-12k over a year or so and just live in it...

If you try to cut the agent's throat on the fee bad news travel in a hurry, and no one will work with you.

Obviously I'm leaving out closing costs and lending fees, but you see the point and the power of it right?

I don't see a property management fee - are you guys managing these yourselves?

I read in Money Magazine that one of the biggest mistakes investors make it paying the typical fees to investment brokers, so I am looking to get out of that but don't want to lose my tail either.

Some banks require 6 months and a few require only 30 days but these are far and few between and your going to pay for that with higher fees.

Most are happy to attract anyone who has the membership or meeting fee and might either bring them deals on day or be a source of cash for other member's deals.

Please note that I don't know how plausible they all are so feel free to comment:1) Write it into the offer that the eviction process has to be completed by closing, else I can walk.2) Ask for money back at closing to cover any fees plus unforeseen damages to the property.3) Walk away and find something else.Oh great, now I can't figure out how to get my margins back to what they were before....anyway, I haven't made an offer yet.

There are companies out there that will show you how to get business credit for a fee but all they really do is line you up with vendors they know report to D&B so if you did a little digging you might be able to come up with some of them yourself.

What are the disadvantages of refinancing other than higher mortgage and refinancing fees?