The 70% that they typically refer to is a very common LTV % of the ARV for Hard Money lenders.ARV x 70% = max loanmax loan - repairs - closing costs (hard money origination fees, title fees, state fees) = MAOHopefully that helps, but like I said the closings costs vary by lender.

However, you'll probably have a some sticker shock when you see the fees and the timelines.

My agent told me to send him all the receipts of the all expenses including deposit, appraisal and inspection fee, plane tickets, the salary which I would make on the day I was off to look for this house.

If you go with a submetering contract there is a standard 3 year contract, but you can also get out of the contract earlier with a buy-out fee of $1,500 during year one, $1,000 during year two, and $500 during year three.   

I know excitement is one of the most dangerous feelings in real estate -- but man, is it tough to not get excited when you run the #'s and finally one makes sense :)Financially, we can't handle 10% down for duplex, closing costs, fees, inspections etc. - so we're going FHA and thus will have to occupy one of the spaces.

Following this, Inform the tenants that you had the garage door checked and it works properly.This way, you have evidence that the door was functioning and it was simply user error.Typical service fees are relatively low; shop around locally and on CL.

PITI is $1115/mo, the HOA is $365, and our management fees are about $160. 

So far, Navy Federal has pre-approved me for $500K loan at 3.625% with a 2.15% VA funding fee.  

For some Landlords that can be the finders fee for a PM finding a tenant..I manage 1 property myself and other properties I have a Property Manager.You can find leases online a including here in BP.

Recent quote from First American for a refi around the same loan amount: Escrow fee $595.00 - includes recording feesTitle fee $450.00 (short form policy)Notary fee $150.00I like them because they don't change a dozen different fees!