Hey Dominic!

I like the allure of having a real estate license for the obvious perks as far as information goes, and the extra cash that it can bring.

Nope, I just found out since they were not "managing" the property then the extra fee for the lease guarantee is not  valid...

This will require the borrower to pony up the money (max $10k) at closing in addition to their down payment but it avoids the extra costs associated with the FHA 203k. 

Any extra or potentially excess fees?

The difference is, if you built up that extra capital reserve during forbearance, you may have closer to a year or maybe more in reserves. 

Take whatever the average base rate is for the area and make sure to add an extra percent.

Goal: Buy a class A or B multifamily for my family and my extended family while trying to reduce housing costs and build equity in NJ/NY area using a VA loan.Requirements / Wish List1. 2-3 bed room unit for my own family2. 1-2 unit for my extended familiy3. an extra unit for rental income4.

I always sell through who ever brings me the deal, so I don’t mind paying extra to sell as I wouldn’t have the property without the realtor anyway.

Cory, thanks for the extra detail that sheet looks awesome!