I'd also feel bad for the seller if at the end of this long process there wasn't a deal reached.Thank you for the other suggestions!

If this Cap is allowed to expire, I would think that there will be a rush to take advantage of it.That should increase demand for higher priced Homes because the Standard Deduction gets reduced significantly AND you can go way above the Standard Deduction by Itemizing the SALT Deductions.If your comps are Single Family Homes and/or small Multi-Family that can convert to an Owner Occupied (think BRRRR here), it is well should rise in value as the Federal Tax deduction lowers the monthly payments for every homeowner with a large Mortgage that also pays State and Local Taxes. too funny I had not thought of the Salt deductions in years and today it popped into my mind then you post this.. very true for high priced markets this will be a huge bene

But I still believe we have a huge supply and demand issue and the government needs to do something to spur new construction.

@Josh CaughranWelcome to the community and be ready for a huge amount of information at your finger tips.

An escrow holdback does not count towards your 3% max.Depending how far into the process you are, you could consider raising the purchase price and do an escrow holdback if the sellers are willing so that it's net the same to them and you come with very little additional money. 

DSCR loans also allow real estate investors to secure financing based on property cash flow rather than personal income, which simplifies the application process!

This forum has been an absolute wealth of information around the foreclosure process and trustee sales.I've been heavily researching tax sales/foreclosures for a few years now and finally feel ready to take the jump.

If there's anyone you know moving from out of town into the area, let me know and I'll make the process as smooth as possible. 

Clean the place up, then rent it at market rate to tenants that know how to maintain a home.Any time you have a lease violation, you should follow a simple process.

The owner has until November 29 2024 to pay the 2019 tax bill or the tax lien holder can start the foreclosure process.