I'll add to what Marcin said and say that you should never give the EM directly to the seller.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.

The refinance usually isn't the most significant hurdle.And on the refinance - you can apply for a conventional loan or a DSCR loan. 

He directed me to the City to have the building address added to receive mail and for this I would have to apply with the City for having an additional unit constructed (i.e. applications, permits, etc.) as mail can only be delivered to a dwelling (rather than a building).

Your lender will direct you in the best direction regarding insurance, title, and pretty much most closing tasks.

@Christopher MooneyHere’s my take …Looking at the book in the NOI section:     Cash flow after taxes = Cash flow before taxes – Income TaxIf by “Net Income” you mean “Cash flow after taxes”, we can restate the formula as     Net Income = Cash flow before taxes – Income TaxThe formula applies at both the portfolio level and the individual property level.Since you have taxes of $3,000 at the portfolio level, and if you know the “Cash flow before taxes” at the portfolio level, you can determine the portfolio “Net Income”.If you knew the “Income taxes” and “Cash flow before taxes” for each individual property, you could calculate “Net Income” for each."

Apply for a hard money loan that allows you to purchase, rehab, and resell or rent the property.

Anyone who wants to can apply but through Zillow.

This applies to everything though. 

Yes  Feel free to reach out to me directly and we can go over specifics.