How much do you pay for closing costs?
Looking to make my first home purchase. The plan is to house hack a multi family in Texas. We have $36K to start investing with. I'd like to get into our multifamily primary for maximum $10K including closing costs and then start BRRRRing other investment prooerties with remaining $26K. Just spoke with a lender who offers 3% loans on primary. But closing costs were another $9K. These costs include 1 yr insurance plus 3 months taxes
taxes, loan fees, title fees, etc. The bulk was insurance and taxes (approx $5K) Seems high to me and I'm wondering what ya'll pay for closing costs.