I got a master's in real estate and finance from one of the top colleges in the country for less than that. 

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

It had multiple offers the day it was listed (like everywhere) but now the financing of the buyer is falling through. 

Contact a real estate attorney in the county the property is in and have them do a property ownership search and lis pendens (lawsuit) check.

I purchased my first buy and hold SF rental property last year and turned the property into a student rental as it was very close to a local College.

Back when I was in finance, we had a broker who was charging a family 2% for management fees on their cash that was only making 0.3% at the time.

If you're using traditional financing on your primary residence, they're going to do another credit check on you just before closing.

But if you had access to 100% financing for a fix/flip, would you be at "that point"?

Many banks wont touch deals that are sub 90% occupancy, so you could negotiate short term seller financing to help give you runway to make the building bankable for a refinance while you reposition it.

Purchase price: $17,000 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Archie Raglin acquired this property on 1/3/2025 for $17,000 and sold it the same day for $27,000.