Dave Kapsack
Closing Costs out of state investor
Hello BP group,
Any investors in Philadelphia mind breaking down the closing costs both when purchasing a property as well as when selling it after the fix. Looking to organize and make sure I am running solid number...
Michael Morin
Closing costs in New York State
Hey bigger pockets family. I’m in the middle of doing a refi on my primary residence, the loan docs came back from underwriting and it looks like I’m paying about $18,050 in closing costs on a $194,000 refi. To me thi...
Tesho Akindele
Closing Costs on Portfolio of SFH
Does anyone know how to estimate closing costs on a portfolio of single-family rentals? I am evaluating a deal in Kansas City where I will purchase multiple single-family homes in a package. If closing costs for one h...
JR Rivas
Are these closing costs too high?
Hello,
I am looking to close on my first property and I just got the paperwork to sign from the lender & the closing costs are about 10% of purchase price(not loan amount).
I know typically the closing costs a...
Mark Kudlach jr.
Refinanced was closing costs too high?
Hey BP,
Just refinanced my home. Bought for 252k in 2010.
Haven't really paid extra payments other than a few payments towards principal.Have the original loan down to about 220k. Appraisal came back at 295k.Original...
Account Closed
FHA Loan and Closing Cost Question
Is it common for closing costs to be paid by the seller or lumped into a FHA loan? I’m currently saving up for a 3.5% down payment on my first property sometime in early 2017, but believe additional costs will be prob...
Jon Mark
Seller finance property AND closing costs?
I found a multifamily property that is open to owner financing the entire property, but I do not have any money for closing costs Is it possible to add the closing costs to the note the seller will be holding, if the ...
Matthew Teuschel
Do Lease Options have closing costs?
Not sure if I'm misunderstanding what I'm hearing from people but it sounds like doing a lease option / rent to own deal eliminates closing costs somehow. Is this true?This doesn't make sense considering the fact that...
Jason Jackson
ARV include commissions and closing costs?
Are real estate commissions and closing costs included in the 70% ARV when running the numbers on a property?Example 100,000 ARV-20,000 Repairs-50,000 Purchase PriceMy question is are the sales costs less than the...
Zachary Jensen
Credit at Closing for Rehab Costs
Is it possible to get a credit back at closing to help pay for rehab costs? For example, I agree to buy a house for 100k but we close for 120k with the expectation that the seller will give me 20k at closing.