Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

A multi-unit property was purchased for $140k. 

The family purchased a lakefront property in a nice area three years ago but then ran into a series of issues, and have abandoned the place because of them.They are hoping the bank allows a short sale (asking for roughly $20,000 under what is owed)Here's what's made them so unhappy:Anytime they used the laundry it was dumping into a dry well, which would back up into the house forcing them to take their laundry to a laundromat instead!!

Purchase price: $250,000 Cash invested: $75,000 7 bedroom Padsplit property at 93% occupancy What made you interested in investing in this type of deal?

Why do you think purchase contracts are so long and have such small print?

Bonus depreciation recapture is based on the year that is placed into services.As of right now, the bonus depreciation for 2024 is 60%.It is not likely that they will change the bonus depreciation retroactively to 2024.If they change the bonus depreciation for properties purchased in 2025, it will have no impact on a property you placed into service in 2024.

Strike up that your looking to do some purchases of ___ in ___ area but, struggling and need that leverage to make it happen, and who can you talk to about this right then and there today.     

Purchase price: $250,000 Cash invested: $75,000 7 bedroom Padsplit property at 93% occupancy What made you interested in investing in this type of deal?

Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.