Your own money no one is charging you any fees.

Let me know if you have questions.Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 3-5 points(%) of loan amount (Most Deals are 3 points(%)) - $2500 minimum fee Minimum Loan Amount: $75,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 10-20% of purchase price down or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 7-10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

They originally signed for 3 years and then year to year.

You'll have to eat the fees or sell the home. 

Or if the person you're working with is a broker, and the original lender doesn't offer that option, they can take your file to another investor.

Originally posted by @Pamela Holmes:Verdict is in.

Have them waive the termination fee and let you out.

For the under-prepared, here's a split-up of all the fees that I had to pay:a) Account Setup Fee: $95b) Bill Pay Fee: $15 (A bill paid to the city of cleveland for some permit)c) Lease renewal fee: $195 (That is right!

We're seeing an unfamiliar clause and wanted to verify that we're not making a mistake.The broker asks for a $500 fee (they say they reserve the right to retain/charge in its discretion, in any non-closing event to cover for its services).Is it common for a broker to ask a $500 fee out of the EMD in case we back off the offer?

Even with their fees you'll come out ahead.