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Types of Closing Costs
What are the different types of closing costs that I need to be aware of when financing an investment property?
Need help @InvestorGirlDiana @CorySperle @BiosisRealEstate
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5 Replies
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Hello. I have created an extensive document on this that you can download if you wish here: https://www.therealestateoutlook.com/6-pillars-due-diligence-checklist
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That’s great! Thank you @CorySperle for sharing.
Does this list apply all over Canada? I’m looking for a multi-family in Saskatchewan.
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Yes, most of my property is in Saskatchewan.
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Hi Cory, I downloaded your 6 pillars of due diligence a few weeks ago, thank you so much it is an amazing and comprehensive list! I do have a question, do I ask for 12 months of bank statements to see rent roll, operation statments, etc?
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Usually you will only receive a current rent roll, and 12 to 24 month operating statement. Some sellers are very organized, but some just have hand written notes. Ask for as much as you can!
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