I think there is a big misconception in the real estate world, that once you become an realtor you will instantly be making money.

My "business name" = my logo =my domain nameIt instantly makes it clear what I do, it is memorable, it is a keyword, people type my business name all the time to find services they are looking for, it is immediately clear where they can find me, and it is instantly obvious what my website is.That with a bit of Google trust, and google will now think that everyone is looking for ME specifically.

I like how you are using instant equity as both an easy way to boost your net worth and as an exit strategy.

So after go back and forth with the seller to strike a deal that made sense for the both of us, I secured a buyer that was instantly ready to buy my contract and we just closed escrow 4/26/2019.

We created instant equity in the property, beyond our downpayment.

**Buying it for almost 20% undervalue; instant equity**househacking it; I keep 100% of my BAH; I live rent/mortgage free**executing a live in flip; force appreciation into the units creating more equity and increase rents which increases cashflow.

Such as 1 Dwelling Unit per every 1,000 square feet of lot area.

They probably have options but what I usually get is 20yr  amortization  with 5 year reset or balloon around 5% interest rate.B) Some of the newer portfolio lenders like Dwell, B2R, Firstkey.

Hi,What do closing costs in Minnesota average for multi family dwellings (duplexes, triplexes) specifically? 

I get around $55/mo for cashflow (renting at $1150/mo)--if I discount CapEx it is about $155/mo.If I get it at 119K and it appraises for somewhere in the mid-120s, I don't really get much instant equity; though this is a long-term turnkey property that I'd hold so I'm wondering how important that is (it'll be appraised again when I sell in the future anyway)?