Here are some of the major benefits: our finders would often require a lot of what I call pre-development costs (appraisal, Phase I environmental, downpayment, architectural drawings, home inspection, State Historic Preservation Office ruling, etc.).

That gives you a chance to rent your place out (while preserving your Section 121 exemption ... insert disclaimers) for a year and then decide if you want to do #1, #2 or #3.However, I don’t like the numbers and agree you probably wouldn’t buy this at market rate for cash flow.

I would like to purchase your house and rent it to quality tenants that will help preserve our neighborhood.

The big money (hedge funds and institutional investors) could very quickly move their money from the Stock Market to housing and other commodities to preserve their assets, but that is not what a recession is.A recession is based on production across the general economy, not on profit taking from the speculation on Wall Street.We are fine.

Both these options get us to about $12k/m cash flow in two years with not much upside beyond that, and we'd likely preserve the $2m equity in the property.If we sell it, we'd get almost max value (and 3x our equity in 3 yrs) and have the opportunity to trade up into a bigger commercial property.  

If they are clearing the balance sheet instead of preserving it and hoping a sucker comes along to pay a ridiculous price.

If you stay local you will need to look at inventory of existing retail and multifamily and demand.You will need to see if rents are declining and average vintage age of the buildings.How long you will hold and what financing you seek will have a big impact as well as the returns you are seeking.It's just an impossible question to get specific on.I can have one investor love Multifamily because of the value add play and dump cash in for 50% occupancy.Another just wants a fully performing tax shelter and wants low risk.It's just like taxes in that everyone will want something different.My goal working with an investor is to ask a bunch of question and get them focused on a strategy based on the answers and formulate a plan from their.Some want strong returns and others want low hassle with wealth preservation as they already have millions.

., if you use a mortgage to purchase the property on May10th, you can refi that mortgage on May 11th.3) So here's a possible way to (almost) purchase for cash while preserving your ability to turn around and immediately mortgage the property: a) You find a property listed for $60k.

The Cali law is interesting in that #4 is pretty wide open and is not limited to law enforcement officers, so any civilian in an attempt to preserve the peace.....that's pretty broad.Even if you shoot someone and have the right to do so under criminal law, there is still civil law where the family of the perp can seek damages.

I am pleased to be amongst many like minded individuals and have found this site to be very informative in all areas of REI.A little about myself; I currently own and operate a Property preservation/management company serving many REO Properties across north eastern Ohio.