It's a scary time, buyers are not buying or they want homes at discounts that most sellers are not yet ready to face.

That way the title company can determine if there are judgment liens or mechanics liens, in addition to title status, easements, etc.

It’s a reasonable arrangement as the LPs put up most of the cash and the GPs do all the work in addition to signing on the loan.

Alternatively, or additionally, you can attempt to secure ownership of smaller properties utilizing one of the possible “nothing down” strategies.  

Additionally, if the Sarasota home has been their primary residence, all gains up to $500k will be tax-exempt, so there will be no tax bill to pay (consult your/their accountant first to confirm).

If the sister is a beneficiary and now the executrix, it could potentially make the process easier but I'd need more info to be of any additional help.

@Joe Pirapakaran I think it really depends on how the additional cash out affects your DSCR ratio and your cashflow.

I'd recommend looking at some additional strategies that we post about in the marketplace.

I was the only one denied a variance that meeting at which time my son said, and I quote that manager has it out for you dad during the meeting when my variance was brought up someone in the highway department stated they do not pay for a porch addition , which I was applying for also stated that the house would now be an egress because of the road expansion as the house sits.

Me and my team would certainly be open to a quick consult to talk through your goals further and help unpack some potential additional approaches you may not have considered.Congrats on the recent acquisition!