Tony Ardison
When is the Closing Cost paid?
I’m new to Wholesaling and Real Estate as a whole. I hear a lot that wholesalers will include paying closing costs in their pitches to the seller.Is this paid out of the wholesalers pocket up front? Or is this deduct...
Jeremy Michiels
Smartasset.com use for est closing costs
Has anyone compared smartasset.com closing cost estimates with actuals? I'm still analyzing deals and have been using this tool.
Also, when estimating returns, should I exclude escrow or include in the calculations?
Jonathan Smith
Closing Costs for Single Family Housing
What is the rule of thumb for calculating Closing Costs for analyzing a SFH. Do you have a certain percentage? I would like to be conservative with this number so I'm covered in a deal.
Ray I.
Roll Closing Costs in to Mortgage?
Hello,I am currently in the process of buying a SFR, and I noticed the closing costs were higher than I had anticipated. My lender said there is no way to roll in the closing costs, but we can ask for a maximum of 2%...
Leo B.
Are these allowable 1031 Closing Costs
I'm in the middle of purchasing replacement property as part of a 1031 exchange and am trying to get some clarification on allowable closing costs that can be paid by the 1031 proceeds. My 1031 company sent me a list...
Andrew Assman
Closing costs Confusion - off market deal
I am currently working on negotiating an off market deal purchasing a SFH from a colleague in Minneapolis.
In order to discount the price we are working without a buyers agent and just have a facilitator to do the p...
Josiah Collins
Closing costs on cash sale/foreclosure
I'm looking at a deal where I would potentially be using a PML to fund a purchase. The property I'm looking at is a foreclosure. Since I would be using a PML, I think from the bank's point of view this would essenti...
Arthur Banks
Closing costs when buying seller financing
I'm looking at acquiring a free & clear property via seller financing. What are the costs associated with this type of transaction?If I need to include more detail, please tell me.Thanks in advance.
Craig Sweeney
Closing costs covered limited to 2%?
Hello all. I was just told by a lender that I am using (Keller Williams) that seller concessions (closing costs) can be no more than 2% of the loan since it is a rental property. Has anyone heard of that before? I had...
Thuy Pham-Satrappe
Closing costs- who pays right now?
Are you finding that buyers are asking you to cover their closing costs? I understand it varies market to market (I am flipping in Fort Wayne Indiana) and I am in a sellers market right now but I was taught to factor ...