Distressed properties are real estate assets that are usually sold at a discount due to financial or physical distress.

Prioritize your financial stability.

Sellers who are in financial distress or dealing with a property in poor condition might be more open to this type of arrangement if it helps them get back on their feet.The key to making this work is transparency and clear communication.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

Once again, I had to ask my family for financial support—a daunting task after the first loss.

All those people you perceive as broke ,financially illiterate or irresponsible live somewhere unless they are homeless.

If you need the cash flow to live on and it will improve your lifestyle, then go for it.

Prioritize your financial stability.

So PLEASE don’t make another huge financial decision and then tell that same person after you do it.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?