Is this a home that you are currently living in?

The current owner lives there and had someone paying to a trailer in the back yard all the way in the back. 

Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?

Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

Having this information allows me to give my clients a solid understanding of current market conditions, enhancing our discussions and decision-making.

I currently have a pre-tax retirement account with employer match and a Roth IRA invested in the stock market.

I’m currently contacting a lawyer and will update what I learned here.

This is the silver lining to our current market.

Last thing, I would strongly consider consulting with a knowledgeable property manager or attorney once you have a copy of the current lease and all of the facts.

I ask for a list of their current ongoing monthly expenses.Lastly, I have them sign an authorization to check all the above with their bank, their employer, etc.