All Forum Posts by: Celine Crestin

Hi Lawrence! I can assist if you're still needing help - The numbers work for sure for that area. Happy to connect and email you some properties that may work and discuss pros and cons for holding in that area. Feel free to reach out!

You can rebate part of your closing to the client, but it must be fully disclosed on the CD. I also have the same question as Eliott - if it's not going to put them at the 20% ....why would you?

Why not house hack and do both? Buy a multi-family property and live in one unit. 

Congrats on your license! I HIGHLY suggest interviewing with multiple brokers in your area to find out which is best suited for you. Every brokerage has something to offer, but not every one will be the right fit for you. Ask questions about culture, training, flex work spaces, company meetings/events, mentorship programs, Office/Supply fee schedules and commission splits. Then compare and see which you feel suits you the most. I currently am with Realty One Group and I love them. If you have any questions about their structure/culture (or Keller Williams, where I previously was) I am happy to answer them. :) Best of luck!

Investment Info:

Single-family residence buy & hold investment in Buda.

Cash invested: $58,000

Single Family Home purchased new from the builder. Upgrades to the home include extended patio, custom shelving, quartz counters installed in kitchen and new lighting.

What made you interested in investing in this type of deal?

I believe real estate investments are the best way to hedge against inflation. I also enjoy the concept of my money working for me as an 'employee'. It's making me money now (cash flow) and later (equity gains).

How did you find this deal and how did you negotiate it?

This was originally purchased as my primary residence which I then converted to a long term rental.

How did you finance this deal?

Traditional 30 year conventional loan, fixed rate.

How did you add value to the deal?

I lived in the property and did some upgrades to the property. I refinanced in 2021 to lower my interest rate and monthly payment to maximize cash flow.

What was the outcome?

Solid long term rental with high equity gains and cash flow using minimum outlay of cash.