Ask them why they decided to buy what they bought - it will give you all you need to know about their thought process and if they can procure a good deal for you. 

The real value is on the buy side. 

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

Investment Info:Single-family residence buy & hold investment.

if the note is currently in default and we can buy at at least a small discount, we may be able to restructure the note with no monthly payments - we would get paid all interest at closing when the property sells.  

Creative financing to buy deals is another dangerous approach.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.

I took quite a break from buying properties and now on the hunt again.

Quote from @Jaycee Greene: @Orlando Johnson Are you still looking at buying this property?