I am in need of closing cost assistance and miscellaneous fee to close a property in Fairfax, va. i am willing to pay a mutual agreement fee on the temporary loan for a flip property. The property is in a nice neighborhood and it will be a fairly easy flip.
Where should I look for someone like this?
Why can’t you roll the closing costs into your acquisition loan?
my HM lender does not want me to do that way. The closing cost and other miscellaneous have to be seperated.
thanks for asking.
What about borrowing from another line of credit that you have, maybe a personal credit card, a HELOC on another property, etc?
I’d venture to guess that the closing costs can’t be more than a couple thousand dollars…?
My HM wants me to pay upfront closing cost, points, and other miscallenous. if it is a couple of thousands, than it is simple.
since i have other properties to close at the same time, and it is more than a couple of thousands, so i am looking for a partner.