Costs of Flipping a House
Hi everyone, I have been reading everything I can for a while now and I just had a quick question. I have been looking over the sticky on this forum about The REAL costs of flipping a house. Clearly all of these costs would be calculated before making an offer an a property to ensure making a profit.
I was just wondering how you could estimate costs such as broker's fee, lender's lawyer costs, and title work costs. Also, he said that he paid the points to his lender in cash right when he purchased the property. Is that the time that is normally paid or after the flip is completed? All responses are greatly appreciated.
Thanks,
Taylor