Hey BP family.I am closing on my first property at 211,000, quadplex with a FHA at 3.5%. I am not too sure about closing cost details. But does anything look off. I thought my closing cost is very high, $12,000.Also, ...

I just wanted to know more about closing cost and who pays for them?Any thoughts?

"When you receive a Good Faith Estimate, these are "estimates" of what your closing costs will be. The reason these are estimates, is the actual costs will vary slightly. There are several unknowns on a purchae transa...

Hi All,

I am in contract to purchase a 2-family property. I am financing the purchase with a 3.5% down FHA mortgage. Through my due diligence I discovered repairs needed and have agreed upon a credit from Seller in t...

I am currently seeking to close on an investment property but I have insufficient funds to cover all of my closing costs. The deals I have been looking at are solid prospective investments in terms of potential cash f...

I'm in the process of buying my first property (a condo in the northern suburbs), and I close in mid-October. It will be my primary residence (not an investment) and I'm putting 20% down. My FICO is 804 and I was appr...

This may be a naive question but I'm going to ask it because I don't know the answer. Can I reduce closing costs as a buyer if I use seller financing in lieu of conventional financing? Can I offer a bit more on the pr...

Good evening BP family,
I am active duty military moving out to Michigan and I am having trouble finding housing. I am looking to use my VA loan to purchase my second home. My question is, are there any programs that...

What percentage (1, 2, etc) do you use for closing cost when you analyze properties.  

Hello all I am a new to wholesaling and I have 2 questions, my first question is what is a common range of the closing cost in the Memphis Tn market? My next question is how do I find the comp on older homes? Can I ju...