Since you're targeting Richmond, connecting with a local 1031 exchange intermediary, real estate attorney, and agent experienced in these transactions will be key.Good luck!

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are mana...

Your most reliable source for this is a local, experienced investment team.SummaryIf your goal is financial independence, you must invest in cities that meet all the stated requirements, plus an experienced local investment team.

I've worked with many investors in seller financed transactions and an experienced buyer agent would be extremely valuable to you.

I think funding someone else who is experienced when starting would be a great way to reduce your risk.

Investors can fast-track their timelines and boost ROI, while agents can use these streamlined rules as a selling point to attract development-minded buyers.In Carlsbad, SB-423 projects are allowed in residential or mixed-use zones near urban areas, with 75% of the site’s perimeter needing to border developed spaces like homes or businesses.

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

New to the community here My partner and I have are experienced residential investans and in 2024 we switched over to commercial.

I totally agree with the idea that local markets offer better value in the long run that cheaper out-of-state markets.Finally, Just because an experienced property manager would not do a house hack or purchase a small multifamily property does not mean it would not be a good fit for you and your situation.