The current low(er) cost of living compared to other markets and lower entry points make it very attractive.

Soon closing on a property property cost $458k and the closing cost is really high we are doing FHA mortgage they are charging 2% of the loan plus application fee and mortgage insurance on closing for the amount of $7k and plus monthly mortgage insurance... in 2020 there was not just a thing 2% of the loan on mortgage origination loan fee! 

Looking to get an understanding of the closing costs involved with a seller financed commercial property in North Carolina. 

I did a cost segregation study in order to take advantage of bonus depreciation and I have  a couple questions.1.

How much is the landscaping cleanup going to realistically cost?

not positive but ballpark guess not sure how much those cost yet... but im using the 70% formula so   364,080 x 70% - 30k (repairs) - 8,500(whoelsale fee) and i get $216,356 as my (MAO).

I can always go with a larger outfit, but that’s more overhead that come at higher costs.

Make sure the deal pencils out with the higher financing cost. 

Down Payment: Lower down payments, such as the 3.5% required for an FHA loan, let you keep more of your funds, but they also result in higher monthly mortgage insurance costs.

It cost me a few hundred bucks, but it was money well-spent, because it helped me understand how to design the flood mitigation system...rather than approaching it via trial and error, I was able to build a flood mitigation system that worked the first time, and the house hasn't flooded since.