Investment Info:

Single-family residence buy & hold investment.

Purchase price: $6,000

Cash invested: $6,000

0 down $800 month for all 4

What do you provide in your deal package?

Looking ahead, we feel we need some guidance on how to leverage what we have so far, taking into account all the different elements of investing: Understanding markets, Taxes (across states), HELOC's, 401k's, etc.

If you have very simple financial package?

Just to name a couple elements of differential strategy.

Hi Kyle, I just received an email from NAR(National Association of Realtors) stating that Congress just passed another COVID Relief Package and included the below info:-Provides $25 billion to the states through Sept. 30, 2022, for rental assistance and allows landlords to apply for funds on behalf of tenantsIncludes payments for rent in arrears as well as utilities and other expenses related to housingExtends federal eviction ban through the end of JanuaryIt is somewhat vague info, but something to look into in terms of applying on behalf of your tenants. 

@Abraham Reddy we're in the same boat, I'm also sitting on some money, was waiting for the supposed "correction" early-mid next year, though I've come to realize the market fundamentals both locally in Minneapolis and nationally remain strong, and paired with rental assistance, etc, approved in the new stimulus package, I suspect prices will only continue to rise.

Know your options, as there are lots of elements to this.

So I was reading up about the new stimulus package and saw that the government is extending the moratorium through the end of 2021.

If you are dead, you probably didn't intend that unless it was a suicide, so you are missing a vital element of abandonment.