Im not a fan of seller financing unless that property is free and clear and the seller is offering reasonable terms NOT on money they have borrowed. just too many people get into this type of thing without understanding the whole picture, like title being moved into the buyer's name, due on sale clauses... etc. etc. also, just because its a very commonly overlooked guideline which makes financing on 3's and 4's a little challenging: FHA requires the property to self-sustain its own PITIMI by the rents.

With over 30 years of experience in Commercial Real Estate, I specialize in the sales and dispositions of investment properties across Los Angeles and the U.S.  

It is in livable condition but needs cosmetic repairs.We are currently paying $1600 on a $220k mortgage and we want to sell and move to this home, but we would only net about $7-10k on the sale of our home. 

I listed my property for sale by owner.

This could create opportunities to acquire discounted properties in areas where developers overbuilt and need to sell.Inflation may not be cooling as fast as expected, but it is trending in the right direction.

I use professionals when I need to.I've had only two Due on Sale called in over 30 years.

I actually pivoted from traditional real estate sales to wholesaling and REI after my first year or two as a licensed agent.

I can also be a resource for you if you're interested in acquiring run-down or as-is properties.I look forward to connecting with you and learning more about your real estate goals.

However, the decrease in the sold median price indicates that the actual sale prices are down year over year.

To defer all tax you must purchase in total at least as much as your net sale.