The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

Fees of sale are: $375 (resale certificate) $225 (transfer) $850 (cap fee)6.

After that you use the attorney to close on the loan and the fees are charged to the borrower. 

I would ask them to give me partial information atleast that does not include their information until after they sign the lease and they collect the leasing fee after which you should get all the information.

She covered attorney fees, closing costs, title and paid up the property tax through the end of last year.

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Then your system development charges along with all the other fees for building permits..

It's the same work to do a $50K loan as a $500K loan so the fees will be higher due to the loan amount but will still be much lower than what a lender or broker gets paid on a higher loan amount.

@Jonathan Ghione S8 tenants are getting more and more "spoiled" in our area - Metro Detroit.Too many newbies and Turnkey companies are waiving application fees and security deposits, also giving them recently rehabbed, really nice homes.Then they trash them.Have you stopped and thought about WHY someone qualifies for a S8 voucher?

Factor in ALL expenses like property taxes, insurance, repairs, maintenance, vacancy rates, and potential property management fees.2.