Amanda Green
Closing costs in Rental Income?
Hello Internet's Landlords! This is my first post on BiggerPockets, so please forgive any lingo spelling errors and the like.I am interested in buying a rental property. I know the purchase price, approximate rental i...
James Fisher
Land Purchase & Closing Cost
I am looking to purchase a lot to build an investment property. Can someone provide a list of closing costs and whether the buyer or seller pays for each?Also, if you would like to share any advice, guidance, wisdom, ...
Alexcia White
Closing cost did not match.
Hi Everyone, just curious to see if this’s normal, I was closing on a deal and the numbers from the lender did not match the numbers the lawyer have the lawyer said it does matter because it’s not what we are paying f...
Jackelyn Gonzalez
Questions on Chicago Closing Costs
I'm currently reviewing a CD and have a couple of questions:1. What are the standard/average title costs in Cook County, IL?2. Does seller pay for taxes from start of year through end of close date?3. Current charges ...
Jack Dephillipo
High Closing Cost - Anny Suggestions?
Hi all, I'm currently under contract for my first rental property in South Florida and I'm finding that the closing cost provided seems high for a smaller loan size. I've attached a picture of the fees worksheet which...
Paul Dario Jr
Closing costs clause on HELOC
I'm nearing a close on a HELOC. The CU says in their documentation that they have the discretion to charge me closing costs if I terminate the LOC before 36 months has passed. Is that a common stipulation by lenders o...
Keaton Hill
Closing cost and VA loan
Hello I just have quick question, I have been told that you are able to roll the closing costs into the the VA home loan therefore you are not paying a down payment and you are not paying a closing cost upfront it all...
Jeannie Nelson
203K Closing Costs too high????
First time home buyer here. Purchasing a home with a 203K and my closing costs are 35K???? Can anyone take a look at this. I’m in underwriting and this doesn’t feel quite right. I went through a broker and the lender ...
Nathan Ruffrage
HELOC increase without closing costs
Hey there!!!I’m an investor with a Heloc on a property that is very low. The property is valued three times that of the current line of credit. I understand some banks will simply increase your line of credit without ...
Kevin Sobilo
Pay The Seller's Closing Costs
A thought occurred to me. What if when buying as part of the negotiation you offer to pay the seller's closing costs especially real estate commissions for an equivalent reduction in price?It would not affect how much...