Southern Maine is a great market for long-term rentals, with strong demand in many areas.

Most properties I’m looking at are for infill development when working remote. 

This will make it a lot easier to manage, will cost you less than buying on the market and typically you can get 1:1 rent returns.

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.

Is there a local developer/builder who might be interested in the whole package?

However, if your father inherits and later transfers the home, it should qualify for a step-up in basis to fair market value, reducing future tax liability.If the goal is to tap into equity, having the trust take out a HELOC may be a better option, avoiding California Prop 19 reassessment, which could raise property taxes significantly.

Since the 10DLC regulations went into place in October 2023, texting is my number 1 marketing channel. 

Market Demand: Buyers love move-in-ready homes, and flips are often the most attractive properties on the market.

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.

The area is rich in history and culture, and with ongoing investment and development in the neighborhood.