Updated over 7 years ago on . Most recent reply
Closing Costs with Creative Financing
Questions for you BPers:
Found this off market deal we'd really like to pursue in Pittsburgh PA. It is a portfolio of 10 properties all which are occupied and are cash flowing but the purchase price is at $630k. Naturally we did not think we could swing that but through some creative financing, we will be able to get 100% of the purchase price. All we are asked is to do is cover the closing costs. Even though we have some funds available to invest (skin in the game so to speak) we are looking at about $30k in closing costs which is like another deal all together.
What creative ways have you all found to cover closing costs? Or what do you all suggest we do with a scenario like this?