Updated over 1 year ago on . Most recent reply
Lender Fees and Financing, is this a good option?
A real estate agent, and I am trying to help my client decide whether he should finance or not.
I have a a summary of financing fees and charges for this deal. These will be a $85,000 distressed property with a $102,000 Rehabbing cost and they after repair value would be $255,000.
the financing fees, my client is thinking that he might be better off paying cash for everything instead of financing, but he’s thinking he should do it just for the learning and to allow his company to build credit
from my perspective I just would like to know if these fees are right on point or if they are expensive. let me know your thoughts thank you in advance.
