O&E reports

[Ian Fisher]

Hi all

Hoping I can tap the great collective knowledge here once more...

I own a few properties, all single family, all free and clear. I'm now starting to put leverage on them. Working through the application process on the first one, the lender has insisted I obtain o&e reports on every one of the other properties as a condition before approving this mortgage. These reports evidently cost $150 each - so if I have to do that on a number of unencumbered properties every time I apply for a mortgage on one property, this really starts to add up. Any advice on how to either reduce / remove the cost or the requirement?

Many thanks!