Not to mention cash tenants these days are ridiculously high risk!

I was there last week, that place is the hot bed of high tech lol

The outcome of the Persimmon Lane deal in Shepherdstown, WV, was highly successful.

Maybe if you buy it and live in it where you only have to put 3-5% down you could pull something off… but we bought mostly C class properties back in 2018-2021 and our dollars to close were usually in the high 20’s to low 30’s just to buy the property with 20% down. 

What we do is write a typed letter with a handwritten signature at the end.

A 6% seller concession sounds high, so reduce that or raise the price in your counter offer if an appraisal will support it.

The value is not going down but you will see price decreases from pressures of qualified buyers and high interest rates.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

So i am a 23 year old who has worked his butt off since 2020, i currently have 20k saved for a down payment and by the end of the year i hope to have a maxed out emergency fund maxed out and potentially 30k for my house fund.

The outcome of the 4th Pl SW deal in Vero Beach, FL, was highly successful.