It is a literal cost to the lender - and most of the loan documents I’ve seen (done professionally) say that a borrower will repay fees incurred by the lender to safeguard the property.

They did mention a retainer fee which I am guessing the normal 8 to 10 percent of monthly rent.

A able to pull Valuation data from web sites like Redfin, Zillow, House, homelite etc.

Not to sound condescending or ignorant, but are you interested in wholesaling because you saw an Instagram or ticktock of some guy waiving around a hefty assignment fee check?

I would then take a 30 year fixed rate mortgage out and the remaining cash and built up equity of $900,000 would be down payment on a property worth $1,300,000.Question: Is there a scenario where I wouldn't be able to pull out the $400,000 to pay off the original balloon payment?

When dealing with rezoning, be patient, and watch out for potential impact fees by consulting a zoning attorney.

The builder's fee, for instance, should not be an afterthought but an integral part of the budgeting process.

HMLs are pretty easy to obtain but are packed with fees.

Ideally they can pull in, load/unload, and keep on going without need to back up.

I finally pulled the trigger and closed on my first single family rental home this past March and had it rented the next week.