I highly recommend anyone needing to analyzes numbers for multi-unit properties to check this tool out.http://www.themichaelblank.com/syndicated-deal-analyzer/PS: I get absolutely no compensation for this in any way.

Another aspects is that the lender must gain financially from that activity, if the lender receives more in compensation arising from the loan or transaction than the alternative then predatory dealing can be shown.Any loan in excess of 55% of a borrowers income will be considered predatory.

You should compensate them for their work.

I think that is fair in any healthy debate on a topic so that any reader may consider the compensating factors, that's all.

Just as long as you take care of your tenants then everything will work out nicely.You can't compensate for your parents shortcomings.

Just be sure to double check the work the agent does yourself, the pictures in the listing, the amenities they said were included, that it actually winds up on the websites they say it will; the agents who do rentals are not the top agents because the compensation is a LOT lower than selling houses.

There is some risk with the driveway, but after thinking it through the risk seems minimal and at any rate, I'm being well compensated for it.Thanks again for your thoughtful advice.

The reasoning for some is that broker, myself included sometimes, often feel as though they are doing all the work for half the pay, also some feel as though they will need to hold your hand (or a FSBO) through the process since not everyone knows their way through a transaction.I feel that it is shortsighted for some brokers, I will at least make the call to make sure I will be compensated if we can put something together...however, if you say no dice to my commission, and they are a very good client or family member, I will send them your way anyway, but that's just me...I know lots and lots of agents/brokers that wouldn't give you the time of day and would skip right over your property and never bring it to the attention of their client.Plus, I also figure if I show your place a few times, and we build a tiny level of trust along the way, you may call me if or when you need a full time professional broker in your corner.Just my opinion !

Understand too, that the "additional" value that has been obtained in this property is an equity that will benefit you further, you may borrow against it, you'll have an advantage too simply on your financial statement in obtaining other financing to do other things, as a lender, I might be inclined to cut some slack on the debt coverage ratio in a new loan, a compensating factor having such a long term tenancy arrangement.With all the numbers and the intrinsic values considered you can arrive at a win-win arrangement.

After missing out on a deal or two and realizing an extra deal here or there would EASILY compensate for my salary, etc., that made the decision easy.Hope that helps!