The seller must think he is sitting on a really hot property, or the buyer is asking for too long of a DD period.

I can't recall one ever sticking around to play it out.

Your LLC has no "business" other than the asset(s) it owns.

Focus on properties where you can force appreciation—those sitting on MLS too long might not be the right fit.

Make friends and ask people to sit in on their deals.

Jaime, I'm actually sitting in a hotel in Lehi, near Salt Lake, right now.

The 10-year treasury is currently sitting at 4.62% as of 1/24/2025 up from 3.73% on 9/13/2024, reflecting a 23.8% increase over the last 4 months (Source).

If you do your idea on one property, you'll be sitting and waiting a long time to pay off that mortgage before you then use that money to buy another property.

I have seen this range from as low as $100 up to $300.Do I need to pay anything before sitting at the closing table?

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.