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Updated over 5 years ago,

User Stats

118
Posts
102
Votes
Gaby Liu
  • Investor
  • Los Angeles
102
Votes |
118
Posts

$5800 closing cost for SFH $85k

Gaby Liu
  • Investor
  • Los Angeles
Posted

Hi everyone,

I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost is $5600/$5800

which seems excessively high in my opinion. Are there any fees here that are out of the norm. Thank you for all of your help in advance.

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