This is definitely making me rethink if it's a worthwhile gamble (especially considering the owner that is bey foreclosed on is supposedly a lawyer).

There are some serious housing perks with my new job offer: 1) $150K in a 0% interest forgivable loan for downpayment (10% forgiven each year 2) a special home loan program that is currently lending at an interest rate of 4.1%. 3) Can join a waitlist for on-campus faculty housing that is sold for at 50-75% of the fair market value consequently when you sell you are capped at how much you can sell for; waitlist for these homes is approximately 7-10 years and you can stay there until you die).

This casual conversation turned into a unique opportunity, allowing me to connect directly with the owner and negotiate a fair deal before it officially hit the market.

I want to ensure I’m offering fair pricing for owners while building a sustainable business.

When I came across this property, I approached the seller directly and negotiated a fair price based on the property's condition and potential.

Depending on how much you borrowed, you may need to walk into closing on a DSCR with a fairly large check to pay fees and any shortfall in DSCR loan.  

FlyhomesFlyhomes offers a lot of flexibility when it comes to buying and selling your home, and the worst case scenario is that you end up getting the appraised value for your home rather than the fair market value.

I want to resolve this situation as efficiently and fairly as possible.Questions:Partition Action: Given that my aunt and I are joint tenants with a 50/50 split and there’s no formal contract, is filing a partition suit the best next step?

I’m collaborating with an investor who can help cover the remaining balance, but since the property isn’t in the best shape, and maybe fairly priced, but I’m evaluating how much room I might have to negotiate.

I have had a fair amount of recent success because I offer a pretty high rate of 11% secured by note and deed of trust on my houses in va and nc  but want to hear other peoples success stories besides local meetups.