Throw the junk in a dumpster, and keep or sell the things of value to recoup your costs.I never want to sell anyone's belongings.

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

Simply because rates are higher, homes are not selling, and deals do not work.

I would appreciate any advice on anything I may be missing with putting this together or should neogotiate before finanlizing.Negotiated so far:Property: 9 Unit - 7 Apartments + 2 Commercial Garages (4 unit apt building + 3 unit apt building w/ commercial garage attached + standalone commercial garage on same lot)Background/Why owner is selling: A seasoned builder of 50 years, the owner purchased the property in the 1970s for around $8,000.00, later developing three apartments and two commercial structures.

In my area of NC, our local MLS's are writing rules to prevent wholesalers from being able to list and sell a property they have under contract. 

After two years of occupancy, qualifying for the tax exemption, and benefiting from appreciation, we chose to sell and reinvest the funds.

It wouldn’t work in a red hot market like we had a few years ago where everything was selling super fast, but in todays market there isn’t as much urgency to see properties and get offers in immediately.  

I decide to sell.  

If not, you may consider just selling it and reinvesting the equity into a different property or properties. 

Turn on any home renovation show, and you’ll see investors turning run-down properties into stunning dream homes—selling them for a hefty profit.