With current rates around 7%, shouldn't there be an opportunity to purchase properties that were bought with adjustable-Rate Mortgages (ARMs) at 3% in past 5-10 years that are hitting their reset period this year 2024 or in 2025?

I purchased a 4 unit property 18 months ago in the detroit area.

I want my next purchase to be a 4-unit multi family property.

I recently purchased a property and discovered a series of issues regarding municipal code violations that the seller did not disclose.

Taking it a step further in the Phoenix market, I'm willing to pay the Roam fees (1% of purchase price)for my buyer out of the buyer side commission.

The summer would make the most money and I would have missed this summer’s income since I haven’t purchased the STR yet. 

I knew a couple of “we buy ugly houses” franchisees that purchased and fixed about 50 homes per year and wholesaled another 75 - 100.  

What looks good on Zillow does not always look good in real life or just from a weekend trip.

Looking to purchase max $800k ideally around 600k

I used the values from the realtor.com website for purchase information and expenses, and the bank of america calculator to estimate closing costs.