Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

577
Posts
592
Votes
Jon K.
  • Rental Property Investor
  • Perry Hall, MD
592
Votes |
577
Posts

What are the common closing costs?

Jon K.
  • Rental Property Investor
  • Perry Hall, MD
Posted

What costs do you pay during closing every time whether you're refinancing a property or purchasing a property? I have a contract on a house that was purchased at a foreclosure auction. I must use cash or hard money. I am comparing the costs between using hard money or closing with cash and then immediately financing the property using some other loan product. In other words will the cost of the second closing outweigh the savings on interest/points I'd get using one loan product over another? That obviously depends on what those interest/points/fees are of course.

Loading replies...