I think most people have no idea about theses products.In these times of tight inventory, I've been promoting for years that buyers should consider these types of renovation loans, or to buy new builds.

I would consider these markets as part of the Recession Phase.I think the market cycle phase depends on location, but across the board I see either:1) Recession Phase for pandemic boom-towns,2) (light) Recession Phase for markets that aren't appreciating faster than inflation, and 3) Recovery/Expansion for places that never "boomed" during the pandemic -- just solid & steady growth (many Midwest/Northeast Markets).Either way, it appears to me that now is the time to buy (even more so for multifamily properties).What are you seeing in your market?

Where did you end up buying?

I want to keep the property but also know that this ridiculous HOA isn't going away and even if they move/move on, someone else will just buy it since I can't afford to buy them out right now.

A buyer has approached his realtor and explained that he (the buyer) would like to buy the property as an investment to rent but that he can only make money on renting it if he assumes my brother's mortgage.

However, you could buy a property with seller financing.

Where are you buying your rentals?

Investment Info:Single-family residence buy & hold investment in Beloit.

I've actually started talking to some people on here who are local, reaching out to my network, and I have an incredible realtor wholeheartedly helped me close on my house three years ago that is bringing me in to her group, Buy Maryland.

If that realtor wants to subsequently be my agent for the sale of the lots I buy, I would be fine with that,  but the two activities need not be linked together.