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Can the buyer receive more in credits than the closing costs in Missouri? Does the law differ from State to State? I thought the buyer could leave closing with a check if the credits from buyer were more than the clo...
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If I'm buying my SFH rental under my name and transfer to my LLC at closing, how do I or can I even write those costs off under my LLC? Let me know if the question doesn't make sense.
Found a 110k property, with estimated closing costs of 11k. Is this too much? What should I look for when getting this estimate?
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I’m in the process of refinancing two rental properties for the first time. My estimated closing cost and interest rate seem a little high.Interest rate: 5% Property #1:ARV: 150,00Closing cost $7,360. $2,727 are for e...
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Team -
I'm in the midst of getting a SFR under contract in Keller, TX area and seller has finally agreed to my price in exchange for me paying all of their (seller) closing costs. Basically they named the pr...
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When buying a property with a real estate agent/broker, you pay them a commission after the deal closes. I was wondering, when buying a property from a wholesaler, is the only difference in closing costs paying the wh...
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Here are the fees charged by my Settlement company recently for a purchase price of $105,000 in York County, PA. Please let me know if they are reasonable.Insured Closing Letter = $125Tax Certification = $20Electronic...
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Hi BP familyI'm getting ready to close on my first income property with Wells Fargo. Closing cost are $2792. Wells Fargo is also adding another $3709 in "other closing" cost for a total of $6501. The other cost inc...
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As a new wholesaler, I need to know how to structure or calculate the closing cost in a wholesale deal. Who and who pays the closing cost?I will appreciate and understand this much more better if suggestions can be st...
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A friend and I are looking to jump into real estate investing, and we've come across a property that we are interested in.
The purchase price is $93K
Rehab $40k
ARV $215k
The problem is th...