I could have my handyman perform basic repairs, deal with any onsite issues and compensate him accordingly.

Originally posted by @Mike McCarthy:@Rob Gervais if you’re just moving a wall or a door, a decent GC should be able to help with the details.

And my caution turned out to be fortuitous because the bank was really trying to unload non-performing assets.

The property is also listed by a realtor at the owners original selling price ($11,000 higher).

Originally posted by @Jesse Liu:Thanks for the suggestions guys. 

Originally posted by @Dennis M.

The definition of “bad deal” here would relate more to the opportunity cost of such investment compared to other investments (financial markets), than a real financial loss for the investor (i.e. ending up with less cash than originally invested).Let’s now modify a bit our assumptions by including some inflation in our model (say 2%, in line with historical average).

Why is it standard practice to charge origination fees/points upfront on the loan?

Originally posted by @Addam Driver:HI BP!

Any recommendations on a good banker to help me work the deal with less hassle and not kill me with origination points?