Anthu Tam
Is 6k Closing costs for 135k property normal?
Hi,
Is 6k Closing costs for 135k property normal? How can one get a lower closing costs with less than a point and good APR on a investment property?
Cullen Waller
Paying 2X the Closing costs on a BRRRR
Hello everyone!I've spent the last few days thinking on the best way to articulate this question- so I hope it makes sense. When using the BRRRR strategy, I've read that using a Conventional Loan for the purchase isn'...
Dan Mil
$4500 closing costs on a $49k single family?!
First time poster so I apologize if I’m posting in the wrong forum. I’m in Ohio. I just found out that the lender I am planning on using for my first rental property purchase (property is also in Ohio but in another c...
Daniel Z Fang
Changing cost by value appraisal value after close
Hello bp community,I recently had a property appraised by a lender and the property appraised slightly under purchase price. I disagreed with the appraisal due to the particular comps that were picked and offered diff...
Jeff Lee
Any Non-Closing Costs (if paid with cash)?
As a buyer, what costs would be incurred if I were to buy a piece of property with 100% cash? (I could finance, but I want to avoid closing costs, interest, etc..)
If I do purchase with cash, what costs will ...
Edita D.
Lender paid closing costs, qualifies for deduction/amortization?
Hey guys!
If you bought a rental and closing costs were paid by the SELLER/LENDER, can you still deduct/amortize the closing costs? (from HUD).
I know on a personal residence you can deduct the POINTS even if the sel...
Danny Shore
amortization of closing costs of a residential rental
i did some research and got various conflicting answers. maybe i can get a corroborated answer here (please link the source if possible)
what is the recovery period for the closing costs of a residential rental (1040...
Garrett Tierney
Paying refinance closing costs. Personal or rental account?
Can my cash to close amount be withdrawn from my rental checking account? This account receives all of my rental income, and my mortgage and other property-related expenses are withdrawn from this account. It is entir...
Peter Oh
Closing costs for North Carolina and Tenessee multifamily
Hello! Anybody out there able to help me with some numbers for the following in North Carolina and Tenessee? Thank you so much!Title policySurveyRecordingTransfer taxTitle processing feeTitle searchAttorney fees
Jason Keating
Closing costs $9305 on a 108000 cash out!!
This seems excessive to me. Cash out is at a small local credit union. They said this is what they account for and anticipate so it may change. What are your thoughts? What can I negotiate down? Rate is 4% on a 30 y...