- We had a utility room in each unit so we could rent washer/dryers for extra incomeAll of this is in contrast to buying a building and remodeling it. 

Hi Shannon, I don't have a recommendation but I will say that the small claims court process is very simple to do yourself, and the court staff is usually very willing to help out.

.- As far as the fees go, UW fees are usually a standard but again, the origination is derived from the loan amount so some institutions who are charged borrower paid may hit you with a 3% fee.- Not saying it is an industry standard to charge 16% in closing costs but it once you add up all of your prepaids, other costs, and unfinanced fees its not completely unheard of.In the end, yes - always get a second opinion.

I usually do BRRRRs.

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DSCR loans can typically go up to 80% LTV but the sweet spot for leverage and rate usually falls in between 70-75% LTV (30% or 25% down).

The realtor is making commission on the lot which is now under contract.Points to consider - we have a sales team and process that doesn't require realtors, but usually work with them on land deals. 

So it’s a little gamble that’s taking here as it cost extra as 700 per month around 8.4K per year from my pocket .

@Kyle Neff this is usually the same issue on ALL commercial properties that we seek to upgrade. 

When people are moving out, I usually don't hold them to that standard, BUT when I'm giving a notice to them, I have to follow the state law.  2.