1031 exchange sounds good in theory, but you need to do it in an area and at a time where there is inventory to choose from because once you identify the three properties, you have to close on one of them which is very difficult in a competitive environment.

I own two properties and looking to new deals.As everyone knows, the current market on MLS is very competitive and then I am looking to a property through foreclosure.comhttps://www.foreclosure.com/I don't know who to contact because the agent contact information is not listed on the websiteIf someone knows how to contact the property and start showing, please share with me how to make showing appointment.Leo

The market has definitely gotten more competitive, and it’s common to see BRRRR deals over $250K, especially given the high demand/appreciation in the area.

Just do the math and see how it pencils out.....you can look at the local competition and get a good idea how much you will make.

It is still competitive , but as with all markets there are always deals to be found.

I think you'll find that's a unique range and won't have as much competition.

The MTR market definitely seems to have gotten more competitive in San Diego over the last year.

Nashville’s market is competitive, and not every deal will fit the 70% rule exactly.

There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.

Take 5-10% off anything that looks interesting and fire away because sellers are taking them and competition is down during this time of year