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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 6 years ago on . Most recent reply

Hud Malik's profile image
Hud Malik's profile image
Hud Malik
  • New to Real Estate
  • from Brooklyn, NY
  • Member since Mar 26, 2020

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Hud Malik's profile image
Hud Malik's profile image
Hud Malik
  • New to Real Estate
  • from Brooklyn, NY
  • Member since Mar 26, 2020
Hud Malik
  • New to Real Estate
  • Brooklyn, NY
30
Votes |
69
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Lender Fees when refinancing!!!

Hud Malik
  • New to Real Estate
  • Brooklyn, NY
Posted

Are there any other fees that the lender will charge you to obtain the 2nd loan using the BRRRR stratgey?

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Cameron Tope's profile image
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Cameron Tope
  • Property Manager
  • from Katy, TX
  • Member since Jan 6, 2015

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Cameron Tope's profile image
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Cameron Tope
  • Property Manager
  • from Katy, TX
  • Member since Jan 6, 2015
Cameron Tope
  • Property Manager
  • Katy, TX
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied
Originally posted by @Hud Malik:

@Cameron Tope and how much are the fees usually? or it all depends on the lender?

Fees will depend on the lender but you can safely say 1-2%, not including the title policy. 

  • Cameron Tope
  • [email protected]
  • 832-770-7090
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