Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...
Hey everyone I have a seller financing deal that I’m getting ready to close on and it’s one of my very first deals ever, because there’s no agents credit checks and all stuff associated like that what goes into the cl...
Hey Guys, I have a deal at hand that's quite expensive for an all Cash deal but Seller is willing to entertain Seller financing terms. I've crunch my numbers, but I'm missing one important factor, which is Closing cos...
Let's say I purchase. house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...
Hi everyone - I’m closing my first deal and it’s an off market deal. So I’m just looking for advice from someone who has done it before. I know basically everything can be negotiated but how does it normally go? Who c...
What are the closing costs involved with seller financing, if any?
I have been trying to gather up funds for closing cost and down payments on a rental property and I thought I read somewhere that the closing costs on a house were filled with pay items that were not completely necess...
After 2 years of "getting ready", my wife and I have finally made an offer on our first deal! I recently attended a BP Meetup Group where a group of ~20 great people analyzed the deal, and many of the seasoned pros fe...
Hey everyone!I'm planning on investing in a 2 Bed 1 Bath in Kenosha, Wisconsin. One of the houses I was looking at is 2911 25th Ave, Kenosha, WI 53140. Its 794 square feet and was built in 1959.How can I determine how...
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?