Challenges?

So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.

My belief is that you will be challenged to realize a 10% savings loan n your first effort and there is some chance it will cost more than if you used a GC.  

Then, if you are not satisfied with what you find, you can explore other options, but for now, I would find out what is happening on the ground face to face.Best of luck - Chris

As long as the business portion of the land is at least equal to the amount of your sale  that would satisfy your exchange. 

The recent period has been emotionally intense, marked by earnest discussions with investors navigating these very challenges.

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

Phoenix contains a rare combination of elements that have created an outstanding market for distressed property investments, including the following:Cost Savings: Distressed properties are sold below their market value and enable investors to take hold of properties at a trifle compared to traditionally listed properties.Strong Market Fundamentals: Being among the fastest-growing cities in the country, Phoenix ensures a high demand in housing and rentals, hence good potential for resale or income from rentals.Value Creation Opportunities: Most distressed properties need renovations; thus, such situations present opportunities for investors to increase equity by adding value.Population and Economic Growth: Phoenix remains among those cities in the country which are attracting more and more residents and business; therefore, this presents good, long-term appreciation possibilities of property appreciation and income creation.Challenges to ConsiderWhile the rewards can be great, distressed property investment is not without its challenges.

Hey BP,
I’m looking at buying in St. Pete area  after the recent hurricane and was hoping to get some real, boots-on-the-ground insight. How’s the demand looking down there right now? What about insurance—has it be...

It is challenging to build an underwriting box for something that fell outside an underwriting box.