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Updated over 5 years ago,
Closing cost on refi (BRRR)
Recently I tried to Refi a condo that I have paid off. I was going to using the money to continue to BRRR my way into financial freedom. When this lending company ran my info everything came back good however they estimated my closing cost was going to be $6,500. Which is 10% of the amount I was cashing out. Is this normal? Should I try a different lending company? I don't want to lost 6,500 before I even get started. Thanks