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Hi guys,We have a seller who's interested in putting their property under contract with us. They have an issue with paying costs at closing, however.Our contract states that they pay the costs of preparation and trans...
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So I have a preapproval to buy my first rental property. I lied to my banker and told her I would get the closing cost as a gift from a family member. Basically that plan back fired and I am now short closing cost....
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I am looking at purchasing two 3-unit townhouses as a package deal. Each townhouse is $90,000 each, for a total of $180,000. I am going to get a separate mortgage note for each property.
I talked to a bank the other...
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Not including your referrals. Just your marketing. How much does each deal cost you to get in total.
Example: If you do 10,000 mailers a month consistently and close 2 deals a month as a direct result of the ...
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Hey guys so I have a property under contract I found a very serious cash buyer but he is requesting that I pay closing costs. I would still make a profit but I just want to know what I'd be getting myself into by agre...
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Evening everyone,This is just a quick question for all of you regarding closing costs. I was pre-qualified for a loan and we started running the numbers to see how much everything would come out to total. Let me know ...
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Hi,
I am a new comer to the forum and am a first time home buyer. I am looking for some advice on buying a unit that I currently rent from a landowner. It gets tricky since I am doing this without a real esta...
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I found a property off the market and the seller was motivated. Right now the agent that the seller is using put together a PA and I asked if the sellers are paying the closing costs. The sellers and agent know I am g...
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Hi BP community. I have a question about closing costs. I’m buying two duplexes on separate deeds and my closing costs are going to be roughly $6200 for closing for each not including my agent fees. I’m buying one wit...
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When doing deal analysis how would one determine the possible closing cost?I have seen that the 'average' persons pay 3 to 5 percent but this number can go as high a 7 percent.What is the best method or judgment to us...