Abel Vazquez
Short on closing cost.
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....
Gibran Saliba
Closing costs figuring out
I have to figure out how much closing costs will be for me when I have to get a house under contract. How do mathematically find my closing costs amount so I can finish my MAO formula. Thank you.
Nelson M.
Seller paying closing costs?
Hello all,REI newbie here. I have been looking at a triplex to owner occupy for around $180k. I've ran the numbers and it looks like a potentially good investment, the only thing holding me back from pulling the trigg...
Steve G.
Who pays closing costs?
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...
Will K
Closing Costs Seem High...
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...
Amaf J.
Closing cost - Too much?
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 ...
Josh Wagner
Closing Costs via Assignment
As I've said before, I am new to this strategy of real estate. As of this moment, with about 3 weeks in, I am working 3 total leads. One is most likely just going to be a listing with me, as I am a Realtor. The other ...
Andre Fierro
Closing cost in Florida
Hey guys quick question if I was to purchase a property in Florida through the owner/seller directly would I avoid closing cost? Obviously would get a lawyer etc.
Virginia Jones
Closing costs too high?
I'm closing on my first rental property on Friday. The closing costs will be close to $5,000. (Secondary market). The one purchase price is $55,000. This seems like a huge percentage of the overall cost to be paying i...
John Dickerson
Determine Closing cost (WA)
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...