Also, find and work with reliable investors who can close! 

The closing date is 10/04.  

Plus, the fact that you wouldn’t have to bring money to the closing table is a win—some investors have had to do that just to move on from a bad decision.That said, if you can hold on, cover the mortgage, and keep repairs manageable, it’s likely just a matter of time before values bounce back—especially with the projected rate cuts.Both options are valid, and there’s no right or wrong decision here.

I am closing at 6.5% with 1yr PPP and zero lender points right now at 75LTV. 

Looking to connect with yall.

Waiting on permanent financing to close.

Are there closing costs associated with that?

The problem here is it takes 6-8 weeks to close, and in the LA competitive market, that is too long to be competitive with other bids.

But IF the interest rates were close, I'd certainly consider it, just to deploy all that extra cash on more buys.  

Account Closed Ok great thanks!