Consideration Requirements

The residential property cash consideration requirement is not treated like a fee. The amount is generally set at 15% and is calculated on the property sales price plus investor fee. It is credited to the transaction in a similar way that a down payment is credited on a real estate purchase. Exceptions to the amount required are detailed in the following chart:

Sales Price	Consideration
150 – 750K	15%
750K+	12.5 – 20%

The total out-of-pocket expense is limited to our analysis fee, cash consideration, and appraisal fee. Usually your closing costs can be rolled into your payment plan and 1% consulting fee accessed "after" your residential property has been acquired. Properties needing advance funds for construction require double cash consideration.

Investment properties often may be approved under the same cash consideration guidelines as noninvestment properties, but then only at the discretion of the assigned investor. Applications for investment properties may be submitted only if the applicant is prepared to come up with up to twice the amount of cash consideration as required in connection with a non-investment property.