Good evening BP. I'm working on a deal analysis for an REO property & was wondering the odds of the bank paying for closing costs, assuming they accept the offer? I read a couple links online that suggested the ba...
Just a real quick question,Do you pay any Closing Costs when you use your VA loan to purchase a property ?Thanks
Hi, Do people usually pay closing costs out of pocket or is it typically wrapped into the loan? I'm looking to obtain an FHA loan for my first owner-occupied duplex. Also, I've heard FHA requires PMI. Is .5%-1% of the...
Just sold house for145k it appraised for exactly that. After closing fees, Commission, I netted $29,400 which the title company screwed up and told me 31k just the day before...annoyed at this point.I bought another ...
Quick question,
So I usually calculate 3% in my deals analysis for closing costs. Or that was what’s recommended to me from other users here on BP. So my question is, what does that include? I know sometimes the sell...
Hello Investors,I am looking at 1-4 unit deals in South East PA outside of Philly. My question is about estimating total settlement costs as the buyer. The settlement charges consist of 2 main categories: closing co...
Im making an offer on my second sfr today. There is some competition, they have already received at least one offer so I have decided I can sweeten the deal alittle if I offer a little over asking and have the owner p...
Is there a general rule of thumb for estimating closing costs for commercial properties, ie % of purchase price?
How do I word it in the contract to the seller/buyer that they will be responsible for the closing costs? This way I will not have to come out of pocket at closing. Please advise!