Thank You Bill

I agree with you that Co-Borrower would be one of possible options for this deal.
Client doesn’t have money for deposit, so my return on my investment would be around 10.4%. (Depostit 10%= 37,500 + closing costs and other expenses aprox $20,000.
Therefore $6,000/$57,500 x 100 = 10.4%. Is it how you come to a Fee of $500.00 per month[?]