We'd like to pull at least some of the development expenses out of the sales money before we reinvest, but have been told by our title company that that's not possible.

I have a duplex in Guelph I bought for $685k and it pulls in $2315 in the top unit and $1750 in the lower.

I am about to have an Airbnb going in the next couple months and can’t have my guests leaving bad reviews stating that their car was blocked in or somebody was in there spot while they were trying to pull in.

i've started to analyze deals i pull up on the MLS thanks to information ive gotten from bigger pockets directly!!

@Derek Smith  for next time if you want to @ multiple people @ start typing name then choose name in pull down menu, then space,  repeat.

I wish I would have started out there and I hope you are able to pull this off.My advice would be to quickly link up with a great coach or mentor in this arena.

I.e. those that send one final bill, that's it, also have experience I want, strong references, maintain licenses and pull permits, know their skill sets and can manage subs, their own schedules, etc.

After reading your post and looking into it a little more, I decided to pull he trigger on this one using the similar route you explained of joining the NEABA for the month until approved.

I also would have a trusted agent pull comparable sales comps.

Plus, looking more long term, if you wanted to leverage any equity later on, it would be more cumbersome if they were both on the same note (unless of course, you pull equity out of them both).