Property Purchase : $4.0M 1031 Exchange Money: $1.05MHe has loan approval at 25% down for the commercial property and he will be pretty close to being completely wiped out with attorney fees and other allowed 1031 expenses. 

If you were to purchase something I may be interested in being the “local contact” and possibly helping out in other ways if you were to self manage.

. 🤷‍♂️ ““WHEREAS, on Sales Day, the ninth (9th) day of October, 2022, the Delinquent Tax Collector did, during the usual hours of sale, after due advertisement, sell the said property of the said John Doe, tax defaulter (s), to James Doe, his heirs and assigns, the purchaser (s), hereinafter known as "grantee (s)", and the highest bidder at such sale, for the sum of $XX.xx and gave a receipt for the total amount of said purchase money to him; andWHEREAS, more than twelve months have elapsed since the date of said sale and the defaulting taxpayer (s), and grantee from the owner or any mortgage or judgment creditor have failed to redeem said land so sold for taxes:NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, Jill Doe., Delinquent Tax Collector of and for the County and State of aforesaid, in consideration of the premises, and the sum of $xx.xx paid by the said grantee(s), James Doe have granted, bargained, sold and released, and by these present do grant, bargain, sell and release unto the said grantee(s) James Doe and his heirs and assigns. “”

If the owners purchased very recently or invested a bunch of money into the property it will be unlikely they will accept a lower down and an extended repayment period. - Little to no existing debt tied to property.

I wouldn't expect a realtor (or lawyer) handling the purchase or sale of a home to remember if they also handled the buying for it a few years ago. 

Purchase price: $155,000 Cash invested: $40,000Our Cabana condo in Carolina Beach operates as a STR through Airbnb, VRBO, Booking and Google. 

Purchase price: $60,000 Sale price: $75,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Dale Oglesby, successfully completed a deal on E Market St, New Albany, IN 47130.

Purchase price: $212,000 Cash invested: $46,000 Sale price: $325,000 Found a great 2013 SFR in an A class suburb that was mostly interior cosmetic.....IE smelled like cat urine or smells like money!!

We have not identified a new primary or investment property to purchase yet.

Thank you. yes your wrong.. the day of equity only loans left the barn in the GFC.. pert near every single HML that is in the business of making loans will want to see you bring some cash in.. now you can refi paid for assets and take cash out.. so maybe thats what you do buy them for cash then refi.. but for new purchases they are going to want to see downpayments..