Let's say a $500,000 5 plus unit residential building is about to close… What percentage of the transaction is typical for closing costs?

1%? 3%? 5%?

Thanks!

Can you roll the Closing Costs into the Loan , when Purchasing an Investment Property ? I guess this would depend if the Seller is willing to do so ? Or is it at the discretion of the Lender ?Thanks much 

When a lender gives you a rate sheet with the cost of the rate, as well as lender fees, are these expenses part of the property's closing costs, or are they a separate cost? Thanks.

I'm getting my house apprised and taking out equity for a for a purchase of a duplex. And was wondering if there are closing costs? Also was wondering how quickly this process normally is of obtaining equity?

I recently acquired $100k HELOC.

My question is do I have to transfer funds to my checking/ savings account and let it "season" for 60 days before using it for down payment/closing costs for the purpose of getting a...

In a recent acquisition of a portfolio of houses, I got a 0.2 acre lot of land in Cincinnati (Westwood neighborhood). I'm trying to sell it to one of the neighbors, not to build just to expand their yard, for its appr...

I recently started the cash out refinance on my first investment property. All in at 40K. Not the best neighborhood so the ARV isn’t what I had hoped. Still I am hoping to get most of my money back out of the house. I...

I just got a quote back for a loan for a SFH in southeast Michigan. At $89k ask, there are $5,500 in closing costs ($1,500 of that is tax prorations) and then $2,100 in prepaids (insurance/taxes). The closing costs se...

We are closing on a college rental with more than 11% of the loan value in closing cost (conventional financing)…. this seems high - is anyone experiencing similar closing cost?

What are the best lenders for great credit, no debt, high income (i.e. very low risk) investors? I plan to do at least 20% down.

The online mortgage companies like INGDirect do not touch investors. This is unfortun...