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Updated about 6 years ago on . Most recent reply

Strategic ways real estate agents fund investment properties
So, I'm a new agent to the salt lake area. As we all know, being an agent can provide many advantages to building your investment portfolio. I'm currently working on my first live in flip and looking for strategic moves to fund my future deals now being on the front line.
My question for all you Realtors out there, what are some creative ways you've used your license to help fund deals? Example: used buyer commsion as part of down payment, negotiated commission out of sales price, tax benefits, etc.
On another note, I'm a NEW agent and still hold a W-2 job while I build my agent business. Should I get into a property while I still have verifiable income over the next few months? I'm open to all suggestions!
Most Popular Reply

I have found off market deals and been paid 6% towards my down payment plus build closing costs into the loan. I have also renegotiated after inspections and instead of price reduction or repairs I have increased commission amount that I use to offset down payment as well.
- Cherie Orellana