I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

Would love to hear more about your plans and see how the market is shaping up for investors.

So they used the actual rented data of these companies to compare what rentals should go for in your market.

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

I took my thrashing as you know in 2020  I do know some of my clients that sell turnkey have been keeping the houses and doing BRRRR instead of selling them to investors that part of the market has slowed signficantly for many in that industry.

I'm really looking forward to your blog and hearing about your experiences in these markets.

or3) If I convert the partnership interest into a private UPREIT, then I trigger tax if/when I sell the Shares in the REIT?

Josh, we are entering a period where the FED has came out and said rates are coming down.Based on decades of data, during market cycles when interest rates are decreasing, asset prices rise.

Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.

Yes - and even when its out there its typically impossible to qualify (need high rate and high DSCR and typically would have to qualify as a LTR - so almost a unicorn or in a really bad market)