Quote from @Godsheritage Adeoye: Hello, I’d like to know how investors typically handle Subject To contracts.

You typically need up to two years of stable employment before a bank will loan to you.

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

This is not uncommon and actual more typical as it is based on sales price and even though the first appraisal was $130k the new one gets reset based on its recent sale and home prices are not up 10% over a few months.You are going to have a hard time getting a lender to use other comps compared to this home as it recently sold.

. - Production: Typically STR production on the Oregon Coast is +/- 10% of valuation.

It generally isn't worth the brain damage of experimenting though....especially if you want to move to a new home that you will own inside of the typical lender's seasoning period.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

well typically middle of January is winter and not fire season so you have that ..

So while that’s a great asset you pay more for it typically.

Most of our Members are baffled, typically saying: "How could they allow one of THEIR Tenants to be even ONE month behind?"