Assessing the current market conditions and property values in your area can provide a clearer picture.Current Market Dynamics: Consider other factors like inventory levels, the competitiveness of the market, and personal circumstances.

Investors initially aiming to flip properties are now becoming landlords due to market conditions.

Hi,I have been doing private lending for a very long time, most of time first lien, some time 2nd lien also.recently came across a situation where first lien is already there on property and there is clause than 2nd lien can not be done on property.Investor(borrower) giving me option that we can prepare a new document for "Equity pledge" this mean conditional equity in property if there is default.I never heard this thing before.any one any input on this.Thanks in advance.

•Maintaining a healthy LTV and having an emergency fund reduces financial vulnerability.Cons:•Market risk: Property values and rental income are subject to market conditions.

An appraiser will use comps that are close to your location and in similar size and condition.

Absentee owners who manage from a distance generally maintain their properties in worse condition.

List Price $170,0001 Br/ 1 BA - Current Rent $450/ Mo1 Br/ 1 BA - Current Rent $450/ Mo3 Br/ 2BA - Current Rent $550/ MoHomes are in Fair to good condition on the exterior, interior showings not available until under contract during due diligence period.The Plan (currently)Try to negotiate to a better but calculate rents based on full price offer. 

Foreclosures also come with A LOT of inherent risk - you don't know the condition of what you are buying until after you have bought it.  

Hey @Shweta Sharma - that is a wild issue to have for a building to neglect that badly.Did they atleast compensate you for not providing habitable living conditions??

The building is mostly older seniors and to my knowledge it is in average condition and there are no known major repairs.