My concern is the current lien holder (Navy Federal) being notified of the second lien (not in the original purchasers name obviously) and then calling the note due.

The leasing broker has to work a crap ton for their fee to get them to your site over others.If you decide all you can get is a higher risk small to no credit tenant then you may want to only start paying the fee once open and first months rent received on time and have a clause if the tenant goes bankrupt or closes the fee is no longer owed to leasing broker.

They are asking me now for the origination fee before the final approval.

Original list price was $350,000 How did you finance this deal?

We have seen our fees increase significantly over the last 4 years with Hall CPA (Brandon Hall's company). 

You need to develop a Scope Of Work that is precise and then start getting prices for all the work.Once you have that magic number, then you will add that to the cost you pay for the house, along with any other fees or expenses...Then look at finished Comps (get a Realtor like @Chris Ayars said) and see if you will make any money......

This is a little detail our title company missed...We contracted a lawyer after incurring close to $60k in engineering fees (they did find a way to lift the restrictions through the DEQ), to see if we could make a claim agains the title insurance.

I rehabbed a 1978 home with all original cabinets and I repainted them, added new hardware and I swear you cannot tell the difference between them and new ones.

Hi Staci,If you don't have any plans on working as an agent for other clients, I would recommend a flat-fee broker with no commission split.

Originally posted by @Kevin Miller:Hello, I'm looking for information on laws/how to get set up with section 8 in PA. also, if you have any good (or bad) stories I'd love to read them.The tenants aren't bad if you screen appropriately.