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What other resources or what is the easiest way to obtain earnest money/closing costs for a real estate purchase (fix & flip))?
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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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I'm a relatively new investor, and earlier this year took out my first hard money loan on a flip. The closing costs for the loan ended up being almost $9,000 on a $70,000 loan. I'm wondering if this is typical of hard...
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Hey BP! I have my first RE offer in on a short sale and after a few months, it looks like the seller's bank may finally be approving the sale. I put in my offer at 103K and the seller's bank's appraisal came in at 95...
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I have a property I bought a year ago for $50,000, rehabed $15,000, now worth $100,000, current loan balance about $50,000. In theory I can refinance and pull $75,000 out doing BRRR strategy. Applied for conventiona...
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I've purchased a HUD condo for 76,000. I expected closing costs to be somewhere in the 3-3500 dollar range. I've just been given the HUD addendum listing seller payments and buyer payments, and the total I owe in cos...
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Generally speaking, what are closing costs running on HUD properties in Los Angeles and Orange County? Around 2% sound right or more?
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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,
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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Afternoon everyone,I'm trying to get an idea of what closing costs look like in Tennessee to form a basis of what lenders are coming across too high.Any help is appreciated.Best regard,James