What do closing fees include? I’m about to purchase not only my first BRRRR investment, but my first house EVER! And is it common to split the closing fees with the seller?

What are ALL of your expenses on multifamily properties?  There are many common ones such as mortgage, utilities, cap ex, vacancy, landscaping, and more, but I was wondering if anyone had dealt with even more specific...

Hi All,I'm in the midst of getting a loan on a 3 plex unit with 25% down. While reviewing the loan, it seemed like my net closing costs is quite high - are the fees below all reasonably priced/expected? I'd love to se...

Does each property a buy have to be in their own llc or can they all be in one llc

Hi AllI am a Realtor as well as investor, and we have a property management company as well.  I am looking to invest with partner on some potential deals that will require a PM, and I'm wondering what the pros and con...

So i own a rental, in the mid-west, for about a year now and trying to do a cash out refi using only the income from the property, $2000 per month, and not any personal income. Home was purchased for cash in an LLC.  ...

While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...

Im trying to get used to analyzing deals and Im a little confused on how to estimate closing costs for potential flip deals. just closing costs, not holding or money costs.  One scenario is if I buy a house from a mot...

Hello BP world! I'm a newbie to real estate investing but not to investing in general. A little about myself, I'm a finance major and currently working for a bank as an investment associate/financial specialist. I bou...

Hi everyone, this is just a general question that Id like input from people who have done this plenty of times. What should I do in regards to closing costs? I dont really understand them or how to pay them. When the ...