Allison Park
Tax Deduction on Closing Costs
Hello,
Does anyone know if you can take a tax deduction for closing costs on the purchase of a rental property? Specifically the real estate agent fees which are the highest part of the closing costs.
Jonathan Wheeler
Closing Attorney Costs in Illinois
My questions specifically relate to closing on a wholesale deal in Illinois. My purchase contract is written so that my end buyer will pay all closing costs. The seller won't have any closing costs which is obviousl...
Tryston Erwin
FHA House Hacking / Closing Costs
Hey guys! I was hoping that someone could explain closing costs and FHA. I know I can get a property for 3.5% with PMI if I use FHA status. If closing costs are assumed to be 4% (I saw that as the realtor.com assumpti...
Chris Ono
10% Closing Cost in Memphis?
Hi everyone,
We're looking to purchase 2 turnkey properties from Memphis Invest, but the mortgage company that was recommended (not by them, but they work with them regularly) is charging 10.1% to purchase price in c...
Shannon K.
ASTRONOMICAL FHA 203K Closing Costs?
Hi everyone. I am looking for help from those familiar with FHA 203K rehab loan closing costs. I received my loan estimate...$95,000 loan total. Almost $14,000 FOURTEEN THOUSAND in closing costs?! <--Does not inc...
Samantha M.
Wholesaling and Sellers Closing Cost
When you wholesale and assign the contract, typically does the end investor pay for the sellers closing cost, or does the wholesaler typically cover the closing cost by taking it out of the assignment fee.
If the end...
Michael P.
Closing Costs For Rental Property
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?
Manco Snead
Refinance Closing Cost Payment Options
Greetings,I am considering refinancing a long-term hold duplex which is currently cash flowing approx. $200/month. The refi would lower my interest rate by .75%. I have the option of either paying up front the $3500-$...
Daniel Griffith
Closing cost on refi (BRRR)
Recently I tried to Refi a condo that I have paid off. I was going to using the money to continue to BRRR my way into financial freedom. When this lending company ran my info everything came back good however they est...
Jake Liu
How to estimate closing cost?
Hi all,
I want start analysis two deal a day like Brandon Turner said in the webinar. However I got stuck on estimate on closing costs. Is there a way find calculates closing cost?
I have search though forum only...