Of course this doesn't include expenses either and they will similarly mark up anything they pay for.

I have gone over an agreement which suggest they've gotten their tenants to pay massive amounts of fees to which I wonder what the integrity is in all of this? 

@Taya Shavers not sure how many people are going to take the time to read your novel and give you feedback for free.You can always pay someone for their time if you really want assistance.If you want free assistance, suggest you break your request into smaller, more easily read chunks:)

You pay in full the day of the auction.

Second, when doing flips you'll typically put each property in its own LLC.If you plan to scale rentals, you can have a Management LLC that acts as a PMC collecting rents and paying expenses via its bank accounts.

You likely would be paying ~2.5 times that rate on a new loan- prop 13 has your tax value as ~$600k versus a value of ~$800k.  

Paying a commission seems ridiculous for a seasoned investor but if that's the way these our sold I guess you don't have a choice.  

I'm underwriting cash flows of 875 - 1220$/ month with CoCROI's 10-16% with paying asking price in my calculations. 

As a private lender would you pay the full 100%, or still do 75% Loan to Purchase price and have borrower put money in?

.- 2022 and 2023 Federal Tax returns with all schedules included- business and personal (if filed separately)- January 2024-current Profit/Loss, Balance sheet, debt schedule (template attached here- or can use your own profit/ loss template)- 30 days most recent paystubs and ’22 ’23 W2s if you receive pay checks.- Most recent 2 months of bank statements outside of CBNA- Most recent retirement/ investment/ life insurance statement, if applicable.Is this an insane amount of paper?