Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

In these very forums one of Pace's minions doubled down on the fact he  will buy properties for more than their FMV as long as the seller will seller finance 100% of the deal and the property is cash flow positive.

It's easy to feel hopeless on acquisition side of things.

My wife and I are in the Atlanta area in search of our third rental property and we are super excited about the idea of starting a co-living strategy.

We don't want to bring on every owner or every property unless they fit within our target market, so, I do the far majority of the sales - this is our check and balance.

Quote from @Patrick Roberts: Angel oak and A&D mortgage are two of the bigger lenders that I know of who will do 2nd's on investment properties as of a few months ago.

What type of properties are these and what do you mean by it not being "cost-effective" for you?

Bit of a long story, but my partner and I are trying to purchase a property from a family friend of mine and we're having trouble locating the last seller.

@Devakumar Sai Chinthala There are income limitations for passive losses, you should check with your tax professional.What will the property taxes increase to after you buy the property?

I've sold properties off market and I will admit for the most part it has been fine.