Updated over 5 years ago on .
High Cost Mortgage workaround?
Has anyone out there ran into this issue? I'm seeing houses with great cashflow, and I can afford the 20% down but the closing costs end up being greater than 5% of the loan total. Any recommendations on how to get around this? I am considering BRRRing these, but I may still run into the same issue come refinance time. Any input is greatly appreciated.