What’s your best way of estimating closing costs when analyzing a deal. I’m talking about before you take a deep dive and see the property.
you can go to escrow company and get a "net sheet" on the buying side: most accurate
of if you want to ball park it: 500k or under (around $7k ) $500k or over: around 8k to 10k (up to 1 million)
or 1.5% of purchase price
@Sebastian Marroquin thanks! I know so much goes into the repositioning that it’s almost impossible to get a good estimate before seeing the property. Just want something like 1.5% like you said so I can quickly analyze and see if I want pursue more