With existing properties you have the potential for immediate cash flow, and you know the market rent with precision.

It sucks donkey balls.

We promise returns for our partners and worked with previous partners to put together build plans to quickly get the ball rolling with this project.

Track down the new owner of the debt to complete the short sale and wake a sleeping creditor who doesn't need to play ball; or ignore it somehow (bad title company) and the new parties in interest get foreclosed from first lien position by somebody just waiting for the opportunity to squeeze everyone.

A great broker should be able to price this building more precisely, and not only take photos but actually help prepare it for market.

It is hard work and takes a long time to get the ball rolling. 

@Andrew Lax I just used google and looked up California ( sf Bay Area ) and it’s said and every 40 year appreciation of 6 percent, I have no crystal ball but if history repeats itself then I may not be to far from real numbers , who knows ? 

That might lead you to check the Lis Pendens (first step in foreclosure process) filings weekly or monthly and contacting those owners to see if they want to play ball!

I haven't purchased through here, and they have actually rejected my low ball cash offers (lol) - but I have talked to some people who took his rehab training course, and they have nothing but great things to say.

Noone has a crystal ball but rates supposedly are coming down in 2025 that should be enough time for you to do whatever you have to do if your credit is below 750.