In other words, they are in some sort of financial situation that is forcing the sale of the home.

This makes targeting distressed sellers, such as those in pre-foreclosure, or those with ballooning debt that was taken out in 2020-2021 when the interest rate was 7.37x lower (8/09/2020 the 10-year treasury was .56%, 1/15/2024 the 10-year treasury is 4.69%) making it very difficult for those that underwrote the property in 2020 to have predicted refinancing at these rates and likely a sale is their only option.

Purchase price: $160,000 Cash invested: $40,000 Sale price: $268,000 I bought my first house in Kalispell Montana as a long term investment and possibly a rental.

I will be lowering the asking price and seeing if that will help in the sale of these properties.

If I get my sales agent license, I will need a broker sponsor.

This year, I’m committed to creating balance in my life, letting faith guide my decisions both personally and professionally.In my real estate journey, I combine my tech background with a passion for community-centered development.

As part of the sale they take $500K in cash boot. 

Recent sales in the neighborhood are also not updated. 

What do you do in the tech industry?

However, there is a requirement that in order to defer all tax he must purchase at least as much as his net sale.