Updated over 5 years ago on . Most recent reply

Is it possible to wrap closing costs into rental property
Is it possible to wrap closing costs into rental property mortgage?
Some loan estimates I've been getting requires an extra 5k plus taxes and escrow to have at closing.
25% down payment plus 8-10k additional to close is adding up a little fast making me sweat LOL
Most Popular Reply

@Dale Miller
Yes. "Up" the purchase price (assuming it'll appraise a little higher). Use the extra cash for closing and down payment.