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Updated 6 days ago, 11/26/2024
Fixed Cost Calculations. Where to find??
J Scott breaks down all the fixed costs on closing a wholesale/flip deal. I'm a new investor and wanted to understand where I could find all these costs for a certain zip? Are they more universal?
- Inspection Costs - $400
- Lender Fees - $1,000
- Closing Costs - $2,000
- Mortgage Payments - $2,500
- Property Taxes - $600
- Utilities - $1,000
- Insurance - $200
- Commissions - $4,000
- Selling Closing Costs - $4,000
- Home Warranty - $500
- Termite Letter - $100
- MLS Fees - $100
Quote from @Clayton Hepler:
J Scott breaks down all the fixed costs on closing a wholesale/flip deal. I'm a new investor and wanted to understand where I could find all these costs for a certain zip? Are they more universal?
- Inspection Costs - $400
- Lender Fees - $1,000
- Closing Costs - $2,000
- Mortgage Payments - $2,500
- Property Taxes - $600
- Utilities - $1,000
- Insurance - $200
- Commissions - $4,000
- Selling Closing Costs - $4,000
- Home Warranty - $500
- Termite Letter - $100
- MLS Fees - $100
So, hello and Happy Thanksgiving to the BP Family! I'm currently reading Brandon Turner's book on No and low money down. I'm curious as to how to go about finding these fixed costs in my area. Do I have to wait for J. Scott's book to arrive to get to know the mystery?