Same law in Oregon and California  not verbatim but same basic law.. pre foreclosure was how I used to acquire a lot of my properties in Clark co WA and PDX market once that law went in we had to stop but there are others I am sure that do not even know the law exists and just list to the gurus.

His advice was to hold my current property and continue acquiring single family homes with low money down for owner occupied and move around until I’ve maxed out my mortgaging capabilities.

Properties may now be acquired at more favorable prices, presenting the chance for strategic investments that could yield high returns in a more stable economic climate.Strategies for Weathering the StormFor those currently owning commercial properties, it's imperative to explore all avenues to avoid foreclosure.

If so, it may still make sense given you would not be losing money plus you'll acquire more properties to scale.Alternatively, you can do another house-hack with low downpayment, or gather funding for a flip/BRRRR using your employment income.

Why is it so critical that this particular property is acquired?

We have more doors than most having begun acquiring rental property since 1990.

Consider attending real estate investment seminars or workshops to learn more about the flipping process and financing options.Creative Financing and Hard Money Lending: Creative financing techniques such as seller financing, private lending, or using a self-directed IRA can help you acquire properties with minimal cash outlay.

Not clear why you are splitting your equity profits with your GC if you have the financing capacity to acquire , rehab ?

For those investors who are looking to acquire and occupy a 2-4 unit MF property, it's going to be a lot easier to do so. 

For the properties you've acquired at $350K each with a $50K down payment and seller financing at 6%, you've already built equity equivalent to your down payments plus any principal payments made since closing.