I’ve seen cases where the lender filed the deed in lieu, then when the borrower threatened suit offered them a cash settlement to forgo litigation.  

I would like to keep it as there are two doors on the property and it would cash flow nicely with my insanely low mortgage/interest.However, I’m leery of managing while living internationally.

Interest rate is 6.3 and cash to close was $23,500.00 due to higher closing costs with DSCR loans.

Since you’re focused on buy & hold multiplexes, consider networking with local investors, refining your underwriting skills, and researching markets with strong cash flow and appreciation potential.

Start small with manageable deals, educate yourself continuously, and build a strong network and team to support your growth.

However, high property prices and steep NJ taxes mean you must carefully analyze cash flow.

So the rest is all cash out of buyers pocket.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

Are you cash flowing the property?

Sellers Get More MoneyWith wholesaling, sellers often need to take a low cash offer.