The compensation you outlined in the post sounds reasonable, but you'll need to talk with the broker since from my understanding they would have the final say.

Calculating potential rental cash flow involves considering factors such as property taxes, maintenance costs, and potential rental income.Consultation with a local real estate expert can provide insights into market trends and help you navigate the specifics of converting your home to a rental property.Additionally, understanding the current market value of your property will contribute to a more accurate assessment of potential equity gains in the future.Hope this helps!

I understand the protection it provides, but there has to be a simplified way of doing this.

@John Kim there's a lot of truth in what @Greg Scott writes.We manage almost 700 doors, almost 100 of them being S8.The biggest mistake we see investors make is not understanding the Class of property they are investing in and not adjusting their ROI equations correspondingly.My manager Drew owns several rentals in the City of Detroit that we also manage.

I told her to incorporate that into the loan repaid amount, and she immediately did and asked for my ID and bank statementsNow most lenders do 80% financing with a 20% down payment, which at that point, I understand why there's an upfront cost.But if this is a 100% financing agreement, why are they asking me for anything upfront?

I'm looking at buying some property in Little Rock and wanted to connect with some local investors to get a better understanding of the market. 

I'm also quite knowledgeable about real estate investing through YouTube, although I understand that it can be like Googling why your knee hurts - there's a lot of information out there, and it's not all reliable.

You are better off hiring a coach when you are in a position where you understand what your weaknesses are and you need to tackle those to be able to scale your operation.

So I think it is important to understand why they want or don’t want the things you mentioned, and then dig deeper.

Hi @Kerline Jean- Baptiste I completely understand what you're going through.