Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

These options can provide simpler and cheaper access to funds, especially if rapid property acquisitions are your main goal.Life insurance is a powerful tool when used for the right reasons—like estate planning or key-person coverage.

This week, two critical economic reports—the CPI inflation report (Tuesday, February 13) and Initial Jobless Claims (Thursday, February 15)—will provide new insights into whether the Fed will stay on its current path or begin signaling rate cuts.Real estate investors looking to finance new deals, refinance existing loans, or time their next acquisition should closely monitor how these reports shape market expectations for the Fed’s next move.Current Market ConditionsMortgage rates have remained stubbornly high due to persistent inflation and a strong labor market.

Sometimes the foreclosure “rescuer” charges the borrower high 'service fees' up front and then disappears with the money without providing the promised service. .Each state has it's own foreclosure rescue/avoidance/solicitation laws.

Could you provide guidance on how to navigate this situation from both a tax and mortgage perspective so I won't have issues getting my next property?

Multifamily properties provide higher rental income and lower vacancy risk, but they require higher upfront costs and more management.

Let me know if I can provide any support. 

Hey @Nicholas Hausmann - I can't provide much feedback on Springfield Illinois it self since I am up in Chicago, but it seems like from what everyone is saying it's a solid cash flow market.In general, it sounds like you have a solid plan...I recommend making some trips there to meet some of the local investors.  

They would also provide the funding and renovation funds at 7%.  

There are many folks, including myself, in this forum that can help and the more info you can provide (mainly numbers on the property), the more we can help you.