Take higher %rate for addition closing cost credit on flippers

Take higher %rate for addition closing cost credit on flippers

Rental Property Investor · Slc, UT · Member since 2020 · 3 posts · 2 votes

I read that if you decide to take a higher interest rate then what you qualify for, you will receive additional closing cost credits for all the increased yield. Would you take the higher interest rate on a house you’re planning to flip and sell in order to reduce closing costs?

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