He has more experience with rentals so I decided to let him take the lead but now he is wanting to charge me a 37.5% of the rent to find the tenants and 5% a month.

My name is Tracey Stegemoller and I'm currently in the process (setting up business name, bank account, cpa, business cards, website, etc.) of getting started in the Real Estate Investing/House Flipping business.

I currently don't even have a credit card, so I assume I'll need to get one to add to my credit score.

Margin space at the top and bottom, sides, font size = pages to be filed with many standard documents = $$$$$$$ Filing feesWhile it does standardize documents, many attorneys may have charges per page = $$$$$Need a copy of filed documents from the Recorder= $$$$$Fees to be charged are often regulated by statute at the state level and is in some places seen as a taxing issue, so they can manipulate an increase by requiring the number of pages to present a deed or assignment for example.

They might still charge PMI but I believe you can get it removed (and therefore, your monthly mortgage payment reduced) after you have paid it for a certain period of time or if the property appreciates enough to have 20% equity (whereas FHA financing does not allow PMI to be removed).

Offer 3/4 what a commercial service would have charged and then agree on some price slightly higher.Remember as a property owner you always pay for upkeep.

Sometimes they will want to split profits, other times they will charge you monthly interest.

:It's what the fair tax concept is based upon, of which I am a proponent....sorry if I am too simple...maybe I should find something else to do...One has absolutely nothing to do with the other...and the two financial models are completely different...The Fair Tax is -- in theory -- a fixed, non-negotiable tax charged to a pre-determined party (the end-user).

However, I just asked the title company for a copy of the pre HUD-1 and it shows that the seller has incur some charges (e.g. title services and lender's title insurance).

I also am focusing on paying off my one high interest debt - a Home Depot credit card.