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Updated over 2 years ago on . Most recent reply

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Matthew Masoud#1 General Landlording & Rental Properties Contributor
  • Investor
  • Orange County, CA
403
Votes |
363
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Buying & Selling Real Estate

Estimated Closing Costs for Off Market Property?

Matthew Masoud#1 General Landlording & Rental Properties Contributor
  • Investor
  • Orange County, CA
Posted

So I made an offer for an off-market 10 unit property.

We've been able to come to an agreement for a purchase price of $600k but the seller wants to net $600k.

This is my first off-market deal, how much should I expect to pay in closing costs so that the seller could net the $600k.

I have estimates and rules of thumb for on-market transactions but don't know where to begin for off-market.

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