Here’s a simplified breakdown:Lease Agreement: Since your buddy signed a 12-month lease in July '24, he is legally protected until the end of the lease term unless the lease has specific clauses allowing early termination under certain conditions.No New Lease Signed: Since no new lease was signed for the new home and no formal agreement was made, the original lease terms for the townhouse still apply.Landlord’s Request: If the landlord wants to break the lease or has changed their mind about the swap, they would typically need a valid reason, like a breach of lease terms, or might need to negotiate an agreement with your buddy (buy out)Legal Advice: Your buddy might consider consulting a local attorney or legal aid service for advice on his specific situation.

There's never a wrong time to buy real estate as long as the numbers make sense brother!! 

This changes with a few factors but it works to prevent issues in buying the wrong property.

Hey BP community,For those into property flipping, there are transactional funding programs available that provide the necessary capital to buy and sell properties quickly.

Is it even a good time to buy right now or should I be waiting until interest rates go down?

Also I believe it’s priced lower due to the area, I’m not going to be living there so it doesn’t really matter I just think with potential rental income it might be worth it because I wouldn’t be getting a mortgage but buying out all cash.

We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective.

Hi my name is Anthony and I’m looking to buy rental property I’m new to this so I’m open to any suggestions advise thanks 

Most folks that are offering you a cash offer + offering to pay off all your closing costs typically buy at a good price (if they're investors).

He is willing to sell at about 15% below value so it is a tough buy and hold sell to an investor.