Some damage from WDI, which seller will have to address this before close.Seller is paying all closing costs, survey & title, they did a rate buy down to 5.49%, and a year warranty. 

i am putting 25% down, 2 pt buy down to get 6.99% dscr.  

I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.

Then buy another.

Think thrice before buying one of these.

As always, we are here to help you navigate it all, whether you’re buying, selling, or just curious about what’s out there.

Might be a way to get some cash quicker or maybe get a buyer for the land quicker if you can show them they could pull 1k an acre by having someone come clear cut the parcel after they buy it.The local population seems very limiting too.

Gann, JD (“Rick”) is Managing Partner of 1031 Capital Solutions, serving the Pacific Northwest from the firm’s office in Lake Oswego. 1031 Capital Solutions’ mission is to provide tax-efficient strategies to real estate investors.The contents of this article constitute neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus.

In my experience, most people are better off just trying to sell their portfolio and buy a larger asset.

But market always buys the rumor and sells the fact, so 10yr should fall soon to around 4, or even lower if PCE print Wednesday is lower than expected.