Currently FHA is offering no doc short sales through 4/2025, so you wont even have to provide any financials to get your short sale  approved.

The restaurant currently does over $1 million in sales annually, and they’re only open 5 days a week for dinner.

Let's jump right in.The Power of Short-Term Rental Tax Strategy:Short-term rentals offer a unique opportunity to offset your W2 income with real estate losses, thanks to an increasingly popular STR tax loophole.

Tenant estoppel letters should be used in the sale or purchase of any tenant-occupied real estate, whether residential or commercial. 

(Does any other wholesaler have a stake in this sale as well as you?)

Quote from @Sarah Rhee: I have a real simple rule for investing: never sell an investment unless you can move the money to a better-performing asset, or if the sale will move you closer to your goal.Your situation doesn't meet my rules.

Congratulations on the sale.

I am not not super familiar with the auctions or sheiff sales, but if you are interested in NW Indiana consider connecting with @Eudith Vacio who has some property in East Chicago, but works that NW Indiana Coordior and is a top agent!

First, see if you can negotiate replacing the sale contingency with a longer escrow or loan period.

- What are some methods for projecting cash flow from home sales and determining an appropriate discounted cash flow (DCF) rate?