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Updated almost 10 years ago,
$6,500 in closing costs?
this is my first investment purchase and I am wondering if the fees and interest rate sound reasonable? Or should I find another lender? I also heard that if you have too many inquiries into your credit, it negatively impacts your credit rating?
I have been approved at an investors rate of 5.125% and closing cost totaling $6,500.00 (seems high to me) home is $105k
What are your thoughts?