You will pay them and everything will then fall apart.

Vendors who partner with Costco pay for market exposure and referrals, which often adds to the final cost passed on to the customer.

Our initial plan is to house hack a quadplex somewhere in Orange County.

However it is worth it to pay a little bit more money for a mortgage now, so I can start building equity, assets, and future cash flow.Hey @Kody Glithero, welcome to the BP Forum and it's so great to hear you're looking to start your real estate journey as such a young age!

Plus we had the money to pay one off if it got called and we did have a few get called ..

Also, how does one assess whether or not one can turn a profit after paying principal/interest, insurance, and taxes each month?

You can have your tenant pay through there.

If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

And you can definitely pay off your home faster if you focus on running all of your expenses through it and watch your expenses. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $58,500

Cash invested: $55,000

Sale price: $155,000

Contributors:
Peter Vekselman

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