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Private Lending & Conventional Mortgage Advice

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Austin Parks
  • Homeowner
  • Seminole, OK
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Mortgage Fee Estimation

Austin Parks
  • Homeowner
  • Seminole, OK
Posted Sep 11 2012, 08:08

Hello All:

This is my first post on BP, so bear with me.

I am putting together a cost benefit analysis for single family rental properties. I would like to estimate financing costs from the mortgage (fees, title seach, etc) but I do no have a lot of practical experience here.

For those that do, is it reasonable to estimate financing costs as a percentage of the loan amount? If so, what percentage?

Thanks.

Austin

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