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Updated about 3 years ago on . Most recent reply

User Stats

11
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2
Votes
Benjamin Sampson
  • Lender
2
Votes |
11
Posts

Calculating Closing Costs

Benjamin Sampson
  • Lender
Posted

Good morning BP Community. 

I am new to REI and currently trying to find my first deal, and doing a LOT of deal analysis.

How do you estimate closing costs? 

Is it a percentage of the price of the house? 

It is generally a set amount? 

Does it depend on the market that the property is in? 

How do you all estimate closing costs?

Everything else I am able to figure out pretty easily, but just need some help with this one area. Any help with this would be appreciated. And feel free to DM me. 

Thanks so much! 

  • Benjamin Sampson
  • Loading replies...