I have met realtors that have homes from sale like the first example, but I have tried to get more information from them about the property/location/area so I can look at see  if taking advantage of a short or medium term rental would be best.

Purchased as a short sale for cash.

Purchase price: $274,995 Cash invested: $81,011 One-stop real estate investment, using a company that provides soup-to-nuts service (sales, closing, funding, property management).

What steps would be needed to complete the sale? 

Recommend you do a LOT of research on both rental and sales markets to figure out your best options. 

Typically what we look for in a borrower is someone who has a good track record, (at least 5 in the past year) along with purchase HUDS, statement of work as well as sale HUDS.

Many you have to have a full Brokers license not just a Sales license.

Since you mentioned Mapple heights keep in mind that area will have a Point of sale inspection or POS as a lot of people refer to it.

Let’s assume I can sell it for $2.5MM, net after sales expenses.In a straight 1031 Exchange, I would sell the property for $2.5MM and need to exchange into another property (or properties) of equal value to fully defer taxes.My questions:1.

From a residential sales perspective, I think it will go up by virtue of life events (family formation, etc.) but it will be a wash.Those that locked in a high 5% to low 6% interest rate in 2022 will now be gearing up to move because they aren't locked into their rates like those in the sub 4%.