I know what I think .. first off any Lender out of Vegas MUST be Licensed by the state and NMLS registered other wise they are illegal .. so run his name on the  NMLS data base simply google it and put his name in.. here are things to look out for.1. rates to good to be true.. especially for someone who is beginning. 2. just like what you said  too easy to approve u 3. bad grammar4. all approved just need 500.00  for app fee then suck more money out of u then go dark

@Daniel Brown Yes, some banks will HELOC based on your tax assessment after the house has been “seasoned” lived in for 1+ year.While this would save you the $500 appraisal fee, it likely won’t benefit you in this case.You want a formal walkthrough / appraisal.

I'm looking for some feedback on what you private lenders do with regard to wholesale/assignment fees?

I can typically get those smaller items fixed for the price of the service call or even lower and its not worth the hassle.If you are hoping to get the HVAC replaced or other appliances by them, it might work out unless it takes few more years and by then, you already spend that money on the home warranty and service call fees and they might not even cover the whole thing once it comes to replacing.They are here to make money and they will go out of their way to replace parts before replacing the entire item.

I’d prefer not to pay the higher fees but I want the protection of an LLC.

The only reference I have is for my duplex and triplex properties in CO; sewage, water, garbage and share common area fees paid by me (about $200/mth; tenant pays gas and electric.

We obtained tap fee estimates for $45k for water and $45k for sewer)Inspection Period Deadline: Oct 8Closing Deadline: Oct 15Assignment Fee: $50,000Earnest Deposit: $11,000MSA: Fayetteville MSA (376k population; $111k median home price; 13% vacant housing; $1,100 3-bed apartment rents)Located less than 10 miles from two Walmart Supercenters, a Walmart Distribution Center, and is near McDonald’s (0.1 miles), Food Lion Grocery Store (0.1 miles), Gray’s Creek High School (4.9 miles), and Cape Fear Valley Medical Center (11.0 miles).

One other thing: the estimate they gave me lists a loan discount fee of $5400 for 1.190%.

You'll then need to apply for the Certificate of Occupancy, pay the fee, and then wait for the inspector to come out and tell you what needs to be fixed. 

- I was hoping that this could allow an FHA 3.5% for her leaving plenty of equity ($92K) to buy me out and cover the down payment and fees ($30k to me, $14k down, $3k fees).