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13
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2
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James Boprie
  • Ypsilanti, MI
2
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13
Posts

Covering the Close and Holding Fees

James Boprie
  • Ypsilanti, MI
Posted

I feel like I'm answering my own question as I type it but....

I'm considering the application of a "None of my own money" strategy. The hang up that I'm having is when it comes to closing costs as well as the holding period. Does this money come out of the private/hard money pot (i.e.) and if so at what percentage is typical for closing cost?

I'm sure this question has been answered somewhere else but I'm not able to look into it any further at the time that I'm typing this.