Rental Property Investor · Orlando, FL · Member since 2016 · 135 posts · 145 votes
Does anyone know how to estimate closing costs on a portfolio of single-family rentals? I am evaluating a deal in Kansas City where I will purchase multiple single-family homes in a package. If closing costs for one house are around $4,000, would closing costs on the package be, 4,000 x Number of Houses? Or would is there some benefit to doing all the houses under one loan?
Realtor · Bend, OR · Member since 2018 · 323 posts · 224 votes
5y
Best bet would be to use an online title calculator - we do this often for our clients - you could also call your title company and ask them, most are happy to answer hypothetical questions like this.
Rental Property Investor · Orlando, FL · Member since 2016 · 135 posts · 145 votes
5y
Thank you for the responses @Catherine Emert and @Scott Wolf. I contacted the title company in my area and they gave me a quote on what fees I should expect.