Jimmy Wen
Closing Costs & Rental Property Taxes!
Hi all,I have a few questions when filing taxes for my first rental property. From my closure statements, what shall I do to the following closing costs for my rental/investment property?1. Appraisal fee - I know this...
Hugh Jameson
Offering a bank foreclosure closing costs?
What would look most attractive to a bank when making an offer on a foreclosure property Example 150k with closing costs paid by buyer 155k with a 3% contribution 160k seller paying all closing costs Round figures etc...
Dave Olverson
Closing Costs Seem High in Indy
Hi All,I am looking at a deal currently on a $72,000 property, where the loan amount would be $57,600 (20%).Everything looks good and the rate from the lender is 4.75%, which works well for me.The closing costs are st...
Travis Ferreira
Strategies to avoid High Closing Costs
I recently purchased a 3-unit rental property in the Rochester, Ny and used conventional lending (bank loan with 75% LTV, 30 year fixed, 4.25% interest), I quickly learned this strategy has high closing costs (~8% of ...
Jolandi Gevers
Average closing costs in Boston, MA
Hi there.
I want to buy an investment property in the greater Boston area and was wondering what the average closing (transaction) costs are.
I am looking for a property of $400k.
Jolandi
Michael Doherty
FHA Closing Costs on Multi-Family
Hi all, I am looking to close a deal this year on my first MFH. In my analysis, what is a reasonable number to include when considering closing costs? I have heard mixed opinions and would love your input. I have alre...
Shannon Butler
closing cost for commercial real estate
Hello everyone. Can anyone tell me what closing cost looks like for a commercial apartment building?... Is it expensive to close?..
Paul Wakim
Closing costs with line of credit
Hey, just wondering if there is a difference in closing costs when you purchase a home with all cash from a line of credit versus when purchasing a property with a traditional mortgage.I dont know if it makes a differ...
Austin Kuhnle
Seller Finance question regarding closing costs?
The seller had also brought up a question, I think I could answer but wanted to double confirm. Her question was Concerning closing costs with a contract, who pays Recording Fee, Escrow Fee, Transfer Tax Fee, possible...
Garrett M.
Closing Costs NYC - Are you serious?!
Hey Everyone,
I am new to game and looking to purchase my first house this year. My question pertains to the closing costs associated in New York, specifically NYC.
I've been speaking with a few lenders...