BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Massachusetts Agent commission down payment
Hi everyone, I had a question about something I heard on the BiggerPockets podcast today that blew my mind to pieces.
I am unsure of what episode I was listening to, but the person they were interviewing was an agent who bought properties with his buyers agent commission as part of a down payment.
I am an agent, and was wondering if it is allowed for me to buy a SFH or MFH with the intent to househack as an agent, so I can use my 2% commission from the seller for being the "buyers agent"?
Are there rules by state?
Thank you,
Kyle Curtin