Quote from @Beth Johnson: @Marina Wong No. we just charge the servicing set-up fee at close.

I would say any rehab project would need to be fairly close to me.

I'd like to purchase an STR (I probably should have said that), being that I live in South Florida, Orlando isn't too far, but also not close enough that I can drop by anytime, so I thought I'd need a PM, or perhaps just a great team in place as far as a mechanic and cleaner, realtor and lender.Thanks again!  

But coming close to break even, especially when using Interest only debt(HELOC), I'd say probably not a good idea.  

Once I plug in all those numbers, I'm pretty close to breaking even.

I wondering if I can deduct any of the repair, closing cost and deprecation on taxes. 

House hacking in Chicago can be a game-changer—letting you live for free (or close to it) while building wealth through real estate.

Deals he claimed to have "closed" were not his firm's deals, despite being listed on Next Level Equity's Portfolio page and Justin creating and posting graphics with Next Level Equity's logo the word "CLOSED" and pictures of other people's real estate.

Last week, we closed on our biggest wholetail deal ever, and the results speak for themselves.

Although my business partner has been with them since 2021 and learned how to close deals from their education.