Its also a great way to increase values in a market since newer homes sales offer higher sale prices.

Also, I believe they own this property out-right, no loans, etc.I'd like to structure a deal where they provide seller's financing with a 2-3 year off-load timeline that gives them a) some cash now via a down payment and b) some regular monthly income all while I work to bring rents to market value and we both benefit on the sale and refi.How would something like that work and what would it look like?

This poses the opportunity to acquire a distressed property today, spend the next 3 years to fully stabilize the property, capitalizing on the coming spike in rent growth, falling vacancy, falling interest rates, and compressing cap rates for multifamily real estate in the D.C. metro, as well as the option to hold the property as a safe and lucrative long term investment given the macro factors coming to Washington D.C. and the fundamentals of the multifamily sector.Cap Rates, Interest Rates, and the Best Sellers to Target to Get Deals DoneMarket Cap Rate, DC Metro, (1/7/2025) Period Market Cap Rate 2030 5.1% 2029 5.1% 2028 5.2% 2027 5.3% 2026 5.4% 2025 EST 5.6% 2025 YTD 5.7% 2024 5.7% 2023 5.6% 2022 4.9% 2021 4.4% 2020 4.8% 2019 5.0% 2018 5.1% 2017 5.1% 2016 5.1% 2015 5.0% 2014 5.1% 2013 5.3% 2012 5.3% 2011 5.3% 2010 5.5% 2009 6.2% 2008 6.2% 2007 5.5% 2006 5.4% 2005 5.6% 2004 6.1% 2003 6.7% 2002 7.3% 2001 7.9% 2000 8.4% Cap RatesIn the next few months, cap rates on the right deals should be rising, making it an opportune time to buy.

This is a current sale going on in my area.

(Sale price - selling costs) -(purchase price+ purchase costs)- renovations = taxable gain. 

Purchase price: $395,000 Cash invested: $100,000 Sale price: $570,000 Such a fun project!

Is this marketing, sales, strategy?

My team would bring the plans, do the work, and handles sales. 

I love her and she'll be a great person to connect with.If your property is not listed on MLS for rent when it's in Lincoln Park one of the A neighborhoods in Chicago, that could make a big difference.You want an agent who will list it for rent and sale some one who knows the investment space...you've got some great agents above to connect with!

Hello BPThere is land for sale, before I approach to purchase it, which is a little over 5.5 acres zoned Agriculture, almost all of it is wet land in flood zone with flat topo.