I have 2 long term rentals both at 7.5% interest rates.1. estimated value: $950k, outstanding mortgage of $574k2. estimated value: $900k, outstanding mortgage of $514k#1 cash flows nicely for me at $2500/mo, but #2 leaves me at a $400 loss each month, mainly due to the interest rate.

He is more in the market of getting people in rough spots in life into their first home or helping them reverse engineer there goals and then helping them achieve them.Like anyone looking for a mentor, its important for a noobie to find someone you have common interests with and has a vision that you can support.

Like a retailer who needs to sell “dead” inventory at a large loss.  

It indemnifies the insured against actual loss if title is otherwise than as stated in the policy. 

There is nothing that offsets the potential losses of running a business out of unpermitted, non-conforming residential construction.

Most of my Section 8 tenants left on a bad note and resulted in financial losses.

If you subsequently purchased a property for 200k, would you count gains/losses against the 50k you now put in or against the 25k you started with as that’s what you’re actually out of pocket, depending on how you look at it.I hope I worded that clearly 

Or just take the loss and move on?

I did just close on a sub to that also matches my view of a ramp up into 2021 stressed owners due to covid job loss / stress selling their house to me 4 weeks ago sub to, my costs:  $2k to the seller 1.5k closing costs...

Profitable or a loss?