Funny, my state looks at all of the states taking property rights away from owners and then passes laws that do the exact opposite- it's a great marketing strategy.

The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!

Suzanne, This is impressive - love to see deals being made in my local market.

Factoring market conditions at the time of refinance, I negotiated a lower rate and conceded a lower term anticipating rates to normalize in the 4%-5% range by 2026.

If the offer price is too good to be true you may be dealing with an inexperienced wholesaler who doesn't know the market. 

You’re absolutely right—speed is such a critical factor in securing deals, especially in a competitive market.

In this case, your monthly payment with 20% down will have a good MARKET rate if your DTI works with a much lower month payment and no mortgage insurance(MI).

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

If the stock market goes on a roller coaster ride you have no control.

Personally, I wouldn’t invest in a market where appreciation averages only 2%.