If you’re near hospitals or seasonal hotspots, it’s worth considering.Flips: Flipping can work if you’re able to find distressed properties at a discount (good luck—it’s tough right now!)

Motivated sellers and distressed properties are more likely to surface.Creative Financing: Higher interest rates are opening doors to strategies like seller financing or subject-to deals, where you can secure more favorable terms directly from sellers.Shift in Buyer Preferences: With work-from-home trends still influencing housing demand, suburban and secondary markets are seeing strong growth.

My clients are buying distressed off market properties and BRRRR'ing them or flipping.

From experience with mechanical and utility issues in distressed properties, I would also wonder why the breakers were removed.

I have a relative that is up in age and no longer able to afford the mortgage and are falling behind. They have a balloon payment for the principal due in 10 years. How do I help them stay in the house, while getting ...

you also need to source the property, and for BRRRR you need a goldilocks property - something that is distressed enough that you can buy substantially below market, but not so distressed that it's not worth fixing up.hope this helps - happy to help further

The property is distressed (unpaid taxes for 2 years).

This can be a real estate agent familiar with identifying distressed deals who can negotiate successfully on your behalf or a wholesaler.

If the latter, I would find 1 distressed property in a good-very good area and fix it up.

I always looked for 'distressed' properties as that is a great way to grab some extra equity appreciation.