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hello me and my wife are going to contract soon on a home we are buying. the approved price is $310k. we are working directly with a mortgage broker on this sale. long story. buying house from bank. house is part of e...
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So I went to my first loan/mortgage specialist to feel out what the fees might look on a 200k property.Basic info: Property purchase price 200,000 5% down= 10,000Loan amount 190,000Closing cost estimate = 6,600Total f...
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I'm currently buying a home and have the cash for the downpayment. The seller is paying 3% of the closing costs. There will still be some closing costs left over for me to pay. Since my limited funds are going t...
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I am looking to purchase a multi family property using my VA loan. My only issue is having the cash on hand for closing costs. I have plenty in my Roth IRA account, but I don’t think pulling out that money would be sm...
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Make our first all cash purchase in Maryland and trying to calculate buyers closing cost. I have done some research but keep finding calculators only if using mortgages. Property is in Charles County. Thank you in ...
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Hello all, I have recently decided to try my hand at a 203k and see what all the trouble is about. It seems pretty straightforward, as long as you have your contractors in agreeance with your payment terms then you sh...
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When you are wholesaling a property and using Transaction Funding to close the property, is there a way to reduce your closing cost or are you stuck paying two sets of closing cost?
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I am considering purchasing a property using the BRRRR strategy. It’s a 3bds, 2ba and I plan on offering $50k for the property. To finance the deal, I will use my HELOC which should cover the cost of the property and ...
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Hey guys! Finally decided to post a question on the forums as I am currently looking to purchase my first home. I'm from Columbus, Ohio and am looking for a loan that allows me to put little to no money down and also ...
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What are the typical closing cost of a wholesale deal?