All Forum Posts by: Vivian Carter

Thanks guys!

Hi everyone.  I just closed on the selling of my first house yesterday, here are the stats: 

Bought: March 30th, 2015

Sold: November 14th, 2017

Purchase Price: $57,500

Selling Price: $77,119

My Cut: $20,534.12

I bought the house when I was 20, lived in it the entire time, and did nothing to it as far as adding value (example: remodeling). "My Cut" was my check which accounts for paying off the mortgage, realtor commissions, and closing costs, but not taxes. 

I'm very excited! My goal is to find another reasonably priced house that I can either rent (and cash flow) or sell (when the time is right).  I also want to get at least one rental property next year and complete a fix and flip.