Hi folks,My wife and I have a construction to permanent mortgage loan on land+home where we intended to build.Unfortunately, we found out that unexpected foundation work due to soft soil would likely make the project use triple our contingency reserve before even breaking ground.We are exploring our options on how to transfer our current financial obligations for this construction loan to some other loan offering (as moving forward with the project is now too financially risky).

Super high returns ( 25 -35% 7 8 9 years ago) on top of the more than tripled, quadruple in price now I am still getting 15- 20% nets, based on cash purchase .

Purchase price: $279,000 Cash invested: $45,000 Sale price: $425,000 Off-market property I found, contacted the sellers and proposed a cash offer of $279K "as is" (suggesting we would clean out the entire property & dispose of whatever the sellers didn't want.).

Cash flow-oriented investors would do well in this market, since Montgomery’s rent-to-price ratios are very favorable—for instance, we’re seeing $150,000 properties in B/B+ neighborhoods fetch monthly gross rents of $1,200 to $1,300.By the way, if you’re looking for financing, a debt service coverage ratio (DSCR) loan could be a good option for you since you’re an international investor.

How can i delay or stop this auction, so that I can get the property marketed for a higher price?

If not, then why would you keep it rather than get out of it and into something you can do better with going forward.

The tenant owes 3 months of rent, unpaid utilities, and trashed my 2022 built condo and left several days before the sheriff had to break into the condo as no keys or forwarding address was left by the tenant. 

Second, inflation could affect the water price within that 12 year lease agreement.

Looking forward to a robust discussion and learning from your experiences!

Remember, unique amenities can make all the difference in a crowded market, so the more you add, the more you will stand out, and it will pay off.Utilizing a dynamic pricing software is crucial for ensuring your property is always competitively priced, maximizing bookings and revenue.