Closing costs on portfolio loans
Looking at going under contract on a 10-unit portfolio. It’s 3 different properties: duplex, triplex, and 5-unit. Ideally I want to do some sort of bridge/fix and flip option for renovations and then refi around 2.5/3 years once increased rents are stabilized.
What can I expect for closing costs for both types of financing? Or if it “depends” too much, depends on what? What are steps to ensure you don’t overpay other than shopping lenders?