.`(3) REQUIRED WAIVER OF PREPAYMENT PENALTIES AND FEES- All penalties for prepayment or refinancing of the eligible mortgage, and all fees and penalties related to default or delinquency on the eligible mortgage, shall be waived or forgiven.`(4) EXTINGUISHMENT OF SUBORDINATE LIENS- `(A) REQUIRED AGREEMENT- All holders of outstanding mortgage liens on the property to which the eligible mortgage relates shall agree to accept the proceeds of the insured loan as payment in full of all indebtedness under the eligible mortgage, and all encumbrances related to such eligible mortgage shall be removed.

The financial projection sheet factors in P and I, insurance, taxes, management fees, HOA dues, etc.

I am interested in doing some subject to deals though, which seems it requires more of a "man on the ground" approach.Has anyone had any success using someone else to find these types of deals for you for a fee?

The Condo needs a lot of work, but is located in a great location,a desirable complex with only 4 Units, and more importantly No Condo fee, which will keep holding cost down.Unit is pretty trashed, needing just about everything.Kitchen, Bathroom, Walls, Doors, Carpets, Appliances, the whole worksI think the Condo could sell rather easily for $105,000 possibly more all fixed up.Figuring $60K to buy, $20K to bring Condo up to mint condition, minimal holding cost, does this Unit hit the Buy and Flip radar for a first timer ???

You're going to have a hard time tacking a wholesale fee onto the listed price and finding another buyer.

I took out 5K for paint and carpet (home is in great condition) and 5K for my fee since I was going to wholesale the property.

Am in the process of purchasing a SFH that my agent had never once informed me any HOA fee involved, though he’d checked those boxes that said seller shall pay for HOA transfer fee and seller pay HOA document preparation fees on page 2 0f 8 from purchase contract; item 4 E.3) & 4) (which I later found out from my friend who‘s an agent also); where I’d let it slipped; just went by his verbalization when he’d went over the contract with me; he did told me none of those fees on page 2 concerned me and they’re all paid by seller with the exception of 50/50 escrow fee; without further scoping into the itemizations which he should’ve had; so should I.

She needs to pay off IRS' fees and penalties for cashing our 401k afetr she was terminated (that is when she almost lost her house to foreclosure).Currently owes 60k, worth 100k, needs 5-10k for cosmetic repairs, needs about 10k to pay IRS.

And then when the end buyer closes with the seller you get the profit, and some kind of fee from the note buyer?

Escrow fees?