You enter into a purchase and sell agreement just as you would if you are buying - but then you assign the contract to an investor for an assignment fee.

Are you in a position to pay finder fees on Vegas Mortgage/Real Estate referrals?

The hard money loans that I've been looking at require a sizeable amount of down payment as well as charging several points and other fees.

Don't forget to factor unexpected repair costs, closing/financing costs when buying, closing costs when selling, PITI (Principal, Interest, Taxes, and Insurance) payments while you are fixing up and selling, and realtor and/or advertizing fees to sell it.And now I'll give you by far the NUMBER 1 newbie mistake in real estate investing. . .. . . buying a property too high and TRYING to sell for even higher.So, Alex, to summarize my input:Experience tops book knowledge.

I think if I go through with it there is a fee I will have to pay(no sure the amount).

Points are based on borrower’s credit score and experience.Closing Costs:Costs incurred to close the transaction, including lender’s legal fee, title insurance, recording costs, etc, will be paid by borrower, however, these costs can be rolled into the loan balance.Rehab Funds:Rehab funds are released in a series of draws as work is completed.

That means we are at about 51% for the money we could get back WITHOUT the fees associated with the Reciever.

The savings are in the thousands of dollars due to the lack of set-up charges & plating fees.

There will be some fees that you will either have to pay or get rolled into the new balance.

They provide a listing of these properties for a fee.