Based on the information provided, you can only claim a capital loss when you actually sell or dispose of your REIT investment, not when the REIT simply returns a portion of your principal.

So you went based on pricing.3.

However, many lenders offer only the 7A, so you'll have to shop around.

This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!

Based out of Salt Lake City and looking to do multi-state investments in real estate by flipping or renting. 

Imagine if it cost 1000 to send out 50 letters but half of them responded and half of those wanted an offer and half of those accepted an offer and half of those closed and half of those resold for a net 50k. 

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.

and they charge per door and not sure if they even offer everything that I want. 

Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this. 

The property sat on the market for a month before an offer came in, but the buyer backed out at closing.