I would also like to use this agreement for future property I might aquire.

Definitely a lot of options for the future! 

Not sure I would do both in the future.  

Offer to sit open houses for agents (you can do this through your state Workplace group), attend eXp’s virtual and live training & networking events and of course work with your Mentor who should be able to best guide you.  

Purchase price: $260,000 Cash invested: $9,800 owner occupied, future rental property

Consider the long-term strategy for building equity, saving on living expenses, and setting up for future investments.Good Luck!

If maximizing your capital for future deals is the priority, then selling and reinvesting could be more beneficial.I’m happy to help you run the numbers or dive deeper into the financials if that would be useful.

Paying too much initially can significantly impact overall returns, emphasizing the need for thorough due diligence and possibly more stringent financial analysis before purchasing.For future investments, consider leveraging local market knowledge further and refining your property evaluation techniques.

My plans for the future entail a more passive approach - like BUY AND HOLD.LoL.I think for most investors buy and hold can work VERY WELL.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.