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RCRE - What is Included in Closing Costs with Will Coleman
Episode 37

RCRE - What is Included in Closing Costs with Will Coleman

Will Coleman discusses what closing costs are included in a loan closing. Key Information: 3 Types of Costs Day One upfront costs Origination Fees Miscellaneous costs Day One Costs Appraisal Phase 1 Environmental Physical Inspection Underwriting fees Third Party Legal Ordination Fee Generally a 1% of loan amount Miscellaneous Fees Title Search / Insurance Escrow fees Borrowers legal costs Survey Contact Information: [email protected] To register to invest with us: https://jandg.activehosted.com/f/58 Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Jake & Gino: Real Estate Investing & Multifamily · Will and Mike

April 7, 20216m 38s

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Show Notes

Will Coleman discusses what closing costs are included in a loan closing.

Key Information:

 

 

3 Types of Costs

  1. Day One upfront costs
  2. Origination Fees
  3. Miscellaneous costs

 

Day One Costs

  • Appraisal
  • Phase 1 Environmental
  • Physical Inspection
  • Underwriting fees
  • Third Party Legal

 

Ordination Fee

  • Generally a 1% of loan amount

 

Miscellaneous Fees

  • Title Search / Insurance
  • Escrow fees
  • Borrowers legal costs
  • Survey

 

 

Contact Information:          

 

[email protected]

 

To register to invest with us:

https://jandg.activehosted.com/f/58

Rand CRE's Facebook: https://www.facebook.com/randcre

Rand CRE's Linkedin: https://www.linkedin.com/company/randcre

Rand CRE's Instagram: https://www.instagram.com/randcre

We're here to help create real estate entrepreneurs... 

 About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com.


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