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Updated almost 5 years ago,

User Stats

126
Posts
74
Votes
Harman N.
  • Rental Property Investor
  • San Francisco, CA
74
Votes |
126
Posts

Double closing costs when buying with cash & refinancing later

Harman N.
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi all,

When you buy a property with cash, and refinance it down the line, is there any way to save on the double closing costs: first having to pay closing costs on the initial purchase transaction, and then again during the financing? 

I assume it's probably not avoidable, but figured it wouldn't hurt to ask. Maybe there's a clever way by using the same title company and executing both transactions within some set amount of time. 

- Harman

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