Would you suggest subdividing the property, building a single house, or building multiple cottages/ tiny homes?

The property company they use was also very thorough in the way they handled the property.

As an aside, insurance companies are inspecting most properties one way or another in the current market. 

As you alluded to, sometimes a passive note investment purchased for monthly payments “goes south”, and becomes an active participation investment, with plenty of additional capital required for legal fees, forced place insurance, and property taxes.  

Are you primarily looking for cash-flowing properties, distressed deals, or value-add opportunities?

Be careful when you start thinking other sales will equate to the same numbers for your property. 

I am located in the Dallas-Fort Worth metroplex and looking to acquire multi-family properties.

Hi Arthur, every property is unique.

HELOCs typically do not go above 75-80% of value and since the property was purchased recently they would not see that equity unless you did some major rehab to the property.

I'm defaulting on a property and am wanting to sign the property back.