We specialize in joint venture transactions, collaborating with both seasoned and new investors.

We are NOT a fit for low quality assets such as C/D or uber high input such as sec8 or mid/large MFH.

Also, after a year, the mortgage hasn't been paid down by much, especially if it's a 30 year mortgage.The only challenge you may run into is if you purchased it using a low or no money down mortgage option like FHA or VA lending.

They instead use conventional conforming loans with low down payments meant for primary residences to purchase properties ready to live in!

@Tyson Regier and @Eric GerakosAs Investor, PM and Realtor in Palm Coast I would love to speak with both of you about the highs and lows on the Palm Coast market.  

There was no chance of seller financing, and the cash investor price was too low for the sellers.  

Low end MFH is overpriced for the current rent amounts. 

Is it doable - yes but you will need to go to a lender who probably uses their own funds vs. an instituational lender as they will not like 2nd position nor the low amount.

Use tools like AirDNA to research how often properties are booked and consider seasonality so you can take full advantage of peak times.

Seems too low to be real.