If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

Here is my heatmap from a few years ago (we have far more traffic and conversations now).

Quote from @Max Olds: spreadsheet [email protected] sent.

I have helped quite a few investors dispose of their 2-4 units this year and they have been cleaning house.  

Purpose of the fund: To purchase old land, rezone, demolish, and rebuild homes to sell at a profit.

I went from buying multiple properties per year to doing nothing 2022. 

I looked into this at more than one occasion, because Milwaukee has such an old housing stock, everything is 60-120 years old.Most of the new apartments we see are 4 and 5 star developments with very high rents, this allows to offset the high cost of construction a little better.

I’ve been investing for many years and had a few loans transfer previously but this year I’ve seen a huge uptick, any idea why?

Quote from @Lenny Montesano: Hello to all,I am a 22 year old Husband/Father/student athlete at East Tennesee State University.