Never do a LO when the seller is in distress.  

@Josh Farrell yes, you should absolutely talk to a LO and get preapproved for the delayed financing refi before you even purchase it, that's knowing your numbers 101 in my book. 

And cash flow will improve over time, your rent should increase more than your expenses will.Ernie Garcia and Verde Investments' redevelopment of the Fiesta Mall should be a tailwind.

I also recently bought property in Verde Valley that I'm not sure what I'm ultimately going to do with it, but it's pretty interesting.

@Brad Eckert you have had a lo of great advice here.

Purchase price: $64,522,337 Cash invested: $3,158,000 Mesa Verde

Hey George it depends on what kind of LO (loan officer) , in a retail big bank like Chase, in a refi assembly line plant like Loan Depot/Cash Call/Amerisave, a LO with a indepdent mortgage broker, a mortgage broker one man shop, or a LO with a mortgage company.It can vary from flat rate of $500 per loan up to 2.75% of the loan amount and everything in between.

I say should because heir and beneficiaries can challenge trusts, but that's rare and difficult to do.In a LO, typically the renter doesn't pay the seller's mortgage.

This has been my experience (in research only) to date.I too have alos found that many advertisers in this area, provide poor data on the financials.

As a LO you also get a % of the Mortgage loan you bring in?