I just got my final figures and my total closing costs are 2660.00That seams very high to me.

Here's was my Pre-Purchase Checklist when I first started:Upon Contract AcceptanceEnsure Access to Property: * Make Copy of Property Key(s) * Purchase New Lockbox * Place Key(s) in Lockbox and Install at Property (hidden)If Certified Funds are Required for EM: * Get Certified Funds for EM from Bank * Submit Certified Funds to AgentIf Financing the Purchase: * Send Contract to Loan Officer * Provide Loan Officer Property Info * Connect Loan Officer with RE Agent Info * Have Loan Officer Schedule Appraisal * Make sure Loan Officer Knows Anticipated Closing DateDue DiligenceInspections: * Turn On Utilities for Inspection (water, gas, electric) * Schedule Termite Inspection * Schedule Property Inspection * Attend Inspection and Take Notes for “Scope of Work” * Get Final Inspection Report and Review for “Scope of Work” * Get Termite Letter/Pest Inspection ReportContractor Prep: * Create Scope of Work * Create Materials List * Determine Which Contractors Are Needed: * GC * HVAC * Roofer * Electrician * Plumber * Pest/Termite Control * Painter * Landscaper * Carpenter * Schedule GC Walk-Through(s) * Get Contractor QuotesPurchase Decision: * Perform Final Financial Analysis Using Estimates/Quotes * Perform Both Flip and Rental Analysis * Make Go/No-Go Decision on PurchaseUpon Contingency FinalizationFinal Purchase Prep: * Get Closing Date from Lender/Agent * Arrange Landlord Insurance Policy * If Financing, Connect Insurance Agent with Loan Officer * Follow-Up on Appraisal with Lender * Choose a General Contractor * Choose Sub-Contractors (if no GC) * Determine Exit Strategy * Create Rehab Schedule (if no GC) * Create Final BudgetPrior to ClosingFinal Loan and Closing Prep: * Obtain and Review HUD-1 * Obtain and Review GFE (if financing) * Ensure Loan is Ready for Closing (if financing) * Get Certified Funds for Closing * Determine How to Hold Title * Get Partnership Agreement Documents Signed (if partnering)Upon ClosingDay of Closing: * Get Keys * Change Property Tax Records to Home Address * Get GC and Sub Contracts/Docs Signed * Arrange GC and Sub Start Dates

While going through the shortsale process, we were going to live in our RV until the shortsale was finalized and the sale of the house went through.

Hello,
I have been in the forum for awhile, but am just now jumping in.
I want to list the details of my deal for everyone to critique. Any help or advice is greatly appreciated. As im sure i am or will make mistakes....

A final comparison, typically a foreclosure defense attorney is going to charge a little more than $2,500 for his time and effort.

If you have any deals that you are working on, be sure to post it in RE Deal Analysis forum and the BP members can walk you through the numbers and other things to be aware of.Happy investing!

All too often I have clients say but I read such and such here, and I have to correct them and explain what it pertains to exactly.And finally NO you're golden retriever is not your dependent for tax purposes.

As I was arriving to the property the crew was leaving except one worker who was staying behind to put the final coat of clear on the floors.

In the process of finalizing the first on my VV home.

Nathan, Thank you so much for your reply and analysis.