The Closing Agent handles filing the paperwork with the various municipalities, disbursing the funds out of escrow at closing (with bank checks), etc --- its all the administrative functions.The real estate agent is just brokering the deal. 

This covers all administration, accounting, rent collection, and maintenance.

As of now, they are quoting 6.25% w/no points and Administrative fee of $1,425, escrow $450 and then the other typical fees and prepaids$625k purchase, $125k down payment, $500k loan, 780+ ficoMy other go-to is aimloan.com, which are usually better with investment property.They currently are at: 6.5% w/ $225 Lender Fee plus typical 3rd party fees and prepaidsGood Luck! 

Hi @Joseph Novicky,In order for a condo be financed with an FHA loan, the community/HOA needs to apply to the Fair Housing Administration and pay whatever fees owed.

I've been in contact with the city planner and he wants to connect me with the zoning administrator to further discuss my interests. 

You can ask your employer or plan administrator.

The administration process has already commenced.

When billing a tenant for contracted work like lawn care, electric, water, and snow removal do you charge a percentage for administration costs?

You might want to check with your plan administrator for this or any other restrictions the plan may have on taking additional loans.

I’m paying the following fees which total 4K for the refi:1) lender administrative fee - 1,5002) origination fee - 9953) appraisal, tax, flood, credit report - 6174) title fees - 6755) recording fee - 40All in I’m about 4,200.