Use the 80k minus the closing fees to rehab the property.

Originally posted by @Frank M.

Originally posted by @Justin Cabral:@Joel OwensThanks for the input.

I understand what it is, too me it is over the top and the shameless slef promotion is a big departure from the original cast and intend of the podcast. 

There are many out there that you can google, but remember there all going to have undesirable fee's and high rate's so you may not have much of a choice. 

The IRS states: You can pay yourself a fee for managing your own rental property, but this may not be the wisest course of action.

It's the same work to do a $55K 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.

My PM charges 6%...but they keep all the late fees. 

Because a large percentage of the charges are base fees that do not change based on use!

However, for further clarification, if I were to subscribe to CoStar, assuming a membership fee, would it negate the necessity to directly contact the leasing broker?