You probably won’t be able to sell with 9 years without taking a loss.

Repairing to sell might recoup some costs, but given the market and your limited funds, selling “as-is” is likely the best option to minimize further losses.

If you are on cash accounting, yes you could do that.On the other hand, you are ignoring carry-forward losses. 

If the market goes down you don't take the losses either. 

Trying to cut my losses as the borrower got all her unsecured debts discharged through Chapter 7.

I lost money (opportunity loss) but I gained a wealth of experience. 2.)

(BTW - The NET loss was about 700 people per day.)Newsweek - More Americans left California between 2023 and 2024 than any other state across the country, according to new data released by the Census Bureau.The Golden State lost a total of 239,575 residents to other states, the largest net domestic migration loss in the country over the past year.

Hi Rachel, first off, sorry for your loss, but it’s great you’re exploring ways to build passive income.

I expect greater than 10% just for the loss of residential F/f financing.at 10% difference, or even 15% difference, coop would be up there with lot splits on sophisticated value add.  

If I had known the numbers they quoted me were total garbage, I could have sold my houses much earlier and saved about $80K in losses.