We are looking to upgrade our house, from a paid off house in the 550-600k range to 900-1MM range. I have another 200k in cash for a down payment.
What are some ideas to minimize transactional costs if I wanted to buy them sell? In our area, there is an additional 1.3% mortgage recording tax.
I would likely put most (60-90%) of the sales proceeds into the new mortgage assuming I can't benefit much from any tax benefits (unless SALT deduction cap is repealed)
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source https://www.reddit.com/r/RealEstate/comments/tnkc7e/cheapest_way_to_buy_then_sell/
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