Originally posted by @Brian M.

There is really no data on this so most of the numbers are just proposed.

I suspect the person who originally turned it into a fiveplex only applied for permits to make a fourplex and then did the 5th unit fly by night (perhaps at a later date) in order so the property would still be considered residential and allow for better financing possibilities.

You will pay origination on the rehab money but that is the extent of it.

1.7 % of Loan Amount (Points) - $6,035underwriting fees - $1,400Are the above fees reasonable or not for refinancing a mortgage?

What I see a lot of people do is overthink it and then either stop in their tracks, or wait for years to get started due to the overwhelming data that they get on what they want to do.

I'm originally from BR and am fairly active there. we see a lot of inventory so also happy to chat offline about this

Tip #1 - no such thing as one perfect market There is lots of data on Bigger Pockets and MTR experts that have released rankings of top cities for next year, but remember it's not just about the purchase-- it's also about the operation.

@Bill B. 195 originally refinanced to 224.

Originally from Texas.