I live in New Orleans, Louisiana. I'm trying to calculate closing cost for a $80,000 investment loan with 20% down in Jefferson Parish. Is it safe to say around 5% of the total loan? In my case, $4,000.Thank You
How much are the closing costs for a seller who is free and clear on their property when closing on a cash deal?
Hi everyone my name is Johnathan I'm 28 and I'm currently in the process of saving up for my first home, for the past years I've been soaking up as much knowledge as I can to make purchasing my first home an easier p...
Has anyone bought multiple properties in one deal?
From what I can tell, you usually end up with separate loans for each property. Does that mean you have to pay multiple sets of closing costs?
Seems like it would ...
Hey all! I'm building out my deal analyzer spreadsheet and I'm trying to iron out what %'s to use for closing costs. In my sheet, I have broken out points for loans and am considering breaking out escrow catch up so t...
I wanted to know is there anyway to get an idea of how much closing cost on my end would be on buying an REO for $55k in Florida, I'm paying cash. I know banks can throw in some fees but I wanted to hear from anyone ...
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...
Hi all - I've been shopping around for financing options in Metro-West Boston and stopped into DCU for a general quote and to ask some specific questions. We ran the numbers on a $300,000 purchase, 20% down, non-owner...
Excuse the rookie question as maybe it's obvious, but having only purchased a primary property a couple years ago and under contract to purchase my first investment, looking for some guidance (not expecting a line by ...
I'm planning on doing a seller finance deal. I've never actually closed on a house so bare with me. After getting a home inspection, do I have to pay that party immediately or do I pay that cost on the actual closing ...