Offer Cash/30 day close 2.

My advice: don’t overthink it—your first house hack is about learning, so pick a strong rental market, ensure solid demand, and lock in a deal that gets you close to break-even or better.

it was an interesting process but basically, the novation allowed us to get the deal done without having to involve the banks. this was a huge motivation. that way I save on having to close twice. 

.$8,000 would likely go away in closing costs.

well if I ever make it to the Smokies to see what the draw is  I will rent a condo then :)  I am just guess but I suspect folks that go there want to be in the woods and hear the birds and maybe some local mtn views etc.. or some sort of privacy they never get at home out east were there is not very much public lands close to where they live in the big city. ????

A more stable rate environment could ease the “lock-in effect” and encourage more existing homes to hit the market.As we head into 2025, I’ll be watching these trends closely.

Meeting critical dates is the key to nailing a successful closing.

I assume you would use your own $ to put property under agreement and get investor to close around same time, but if not you will have 1-2 months of holding costs plus time to renovate and time to sell the property.

The original closing date was in Oct 2022.  

I work with a lot of other real estate related businesses and closing teams that refer business to us.