all cash + cash out refi back to back closing cost

[Jason Li]

I just closed my first all cash deal. While I'm doing a cash out refinance, I realize I'm paying a back to back closing cost (one at closing as the buyer, one while doing the refinance). They add up about 6K. I never really think about it before doing the all cash deal. I'm wondering what's everyone doing to minimize this double cost... Any thoughts would be appreciated.

[Ronald Allen Barney]

HELOC is lower closing costs but there are some tradeoffs with that. Any time property actually changes hands each side will have closing costs to pay, and for a refi as well.