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Updated almost 7 years ago on . Most recent reply

Rico See's profile image
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Rico See
  • Investor
  • from Chino Hills, California
  • Member since Oct 21, 2016
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Rico See's profile image
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Rico See
  • Investor
  • from Chino Hills, California
  • Member since Oct 21, 2016
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Rico See
  • Investor
  • Chino Hills, CA
4
Votes |
14
Posts
Private Lending & Conventional Mortgage Advice

Closing costs on an investment property loan.

Rico See
  • Investor
  • Chino Hills, CA
Posted
How much in closing costs on an investment property loan should I expect to pay? I'm closing on a turnkey in Memphis soon.
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Hadar Orkibi's profile image
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Hadar Orkibi
  • Rental Property Investor
  • from USA / NZ
  • Member since Sep 17, 2016
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Hadar Orkibi's profile image
Hadar Orkibi's profile image
Hadar Orkibi
  • Rental Property Investor
  • from USA / NZ
  • Member since Sep 17, 2016
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Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
812
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1,518
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Hadar Orkibi
  • Rental Property Investor
  • USA / NZ
Replied

@Rico See are you going to have a loan?

if no then it could be around $1500-2000 depends on the costs you shop for. 

if you have a loan then you will have the ones above + Loan origination fees based on the amount of the loan, could be 4k-5k on 80k loan or 8-12k on 200k loan. 

Check this out:

https://smartasset.com/mortgage/closing-costs#H05z...

  • Hadar Orkibi
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