Hello Everyone,I’m excited to be part of this community!

Worked with an agent via a referral and landed this centrally located home that comes with a 1BR/1BA casita in the back.

Up until this moment no tenant yet .

Except for some commercial investors, this is virtually never the intent of a residential performing loan investor.Lately, performing notes investors are typically earning between around 10% to 15% for very little work after origination.

Do you consider worst case scenario and base your potential offer based on this? 

Here's a small tip for new investors that I was never told about real estate investing.I purchased two properties in 2024 and early this week I got a text from my tenant that they received mail for me at the rental.

This of course pushes "comps" lower and affects the selling price lower of anybody trying to sell.

Let’s get a discussion going, I’d love to hear different perspectives and see how investors are overcoming obstacles in this market.

We are now working on the cash out refi.UPDATEWe decided to sell this property.

This is an incredible community and I'm sure you'll find it helpful.