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Updated almost 5 years ago,
Pros & Cons of Lender paying for closing cost
So Im currently going through the contract for a property, and trying to weight the options of paying closing cost up front or having lender pay them for a higher interest rate %3.5 and $40 dollars more a month
With them paying closing cost if frees up $5,600 upfront for rehab cost, now if I don't plan on being in this home for the long term (live in flip) should I even be concerned about the %.5 added on the loan. Thanks!