Phillip Batten
Reducing interest costs on mortgage
A family friend may be offering to sell their home to me at a below market price. Are there any financing options/strategies that could be available to me to reduce the overall interest costs given the recent rise in ...
Carol Davis
Reducing Contrat Price and Closing Costs
We just completed the inspection on a home that a client has under contract. Most of the items on the inspection are related to old systems that will need to be replaced eventually, or outdated items since this is an...
Steve N.
Closing Costs - Can These Be Reduced?
My bank sent me a closing costs estimate. This is for a conventional loan of $142,000 30 yr. 5% interest.
I am wondering if there are any costs that can be negotiated down, i.e., any charges they add that may...
Ayobamibo Afuwape
Down payment and Closing cost ?reducible?
Is it possible to buy a property (ie single family home, townhome) and avoid the closing cost/ down payment? or is it possible to reduce the cost to a more cheaper and affordable cost?
Mike D.
How to reduce new construction costs
For those who have built a new home: do you have any recommendations to reduce the cost of building? I have a 4 plex plan and need to be no more than $70/sqft to get about a 8% cap rate. This includes about $30k for l...
Garrett Karnath
How to reduce prepaids/closing costs?
Hi! My wife and I are officially under contract with a new primary residence, with the goal of moving and then turning our current home into a rental. What are some things I can do after going under contract to lower ...
Jintu Philip
RE Managers Handing down sizing of staff and expenses?
With a recession looming and sizing a lean organization..How are you'all handling the situation! Like what are you keen on downsizing, reducing costs, canceling contracts..Are you looking at pay cuts, asking for a red...
Gary Stringer
Acreage to build a small house on , Then package it up and flip
Investment Info:
Other buy & hold investment.
Purchase price: $47,000
Cash invested: $47,000
20 Acres purchased , selling timber off the property valued at $17,000. Intend to build a small 3 BR ...
Jeremy Segermeister
How to reduce closing and selling costs?
Hi All,In progress of my very first flip. I'm starting relatively small for my area to get my education. I purchased the unit for $430k and it appraised for $458k. My agent expects the unit to sell for $530k, but I am...
Danny Woodson
does doing a sub2 reduce closing costs?
if i were to take control of a property doing a sub2 i wouldnt have to pay the first set of closing costs.so if i took control, and then put 15k of work into it and then sold it for a profit would that make sense?