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Updated over 13 years ago on . Most recent reply

User Stats

60
Posts
17
Votes
Keith Saunders
  • Real Estate Investor
  • Pittsburgh, PA
17
Votes |
60
Posts

Should I agree to pay all closing costs?

Keith Saunders
  • Real Estate Investor
  • Pittsburgh, PA
Posted

Hey All,

Working my first deal, the seller refuses to pay any closing costs. So, if I sign the contract with this provision of the buyer paying all closing costs. Will that make it difficult to wholesale to another investor? Or is the price the only thing that matters?

I will buy the house for $45k assign it for $10k. Making the price to another investor $55k plus all closing costs of about $2k. House needs about $40k in repairs. The ARV is $145k

Thanks

Keith

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