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Updated about 6 years ago,
Does this sound like BS?
So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee will be equal to about 2% of the Purchase Price. “
I have never heard of this. I know that I have to pay for the tittle transfer never heard of it being 2% of purchase price. Is this because it’s a multi family home?