@Brian Schmelzlen - New Castle County, Delaware hasn't assessed properties since 1983...so unless you're doing new construction you don't have any concerns about re-assessment of the value. :-)

Pad your reserves with the cash flow.The liquid side account absorbs month to month fluctuations (extended vacancies, major repairs, etc. they WILL happen) and keeps you alive until you can find other options, or until conditions improve.

None of this is a done deal, but it has potential to be a rare opportunity for RE investors that exercise diligence and intelligence.

RE: looking to rent.

He also said you simply just do not buy RE with someone living there, especially if they are over 65. 

FREE FOR AGENTS + INVESTORS: June 19th at 7 PM: Multimillionaire real estate investor re-engineers his best deals.

My limited knowledge of RE investing has been pointing me to go to a hard money lender and get a loan, put some money into it, rent, refinance BRRRR.

My limited knowledge of RE investing has been pointing me to go to a hard money lender and get a loan, put some money into it, rent, refinance BRRRR.

My limited knowledge of RE investing has been pointing me to go to a hard money lender and get a loan, put some money into it, rent, refinance BRRRR.

My limited knowledge of RE investing has been pointing me to go to a hard money lender and get a loan, put some money into it, rent, refinance BRRRR.