Im selling some single families and if I can work things right will hopefully buy a small 12 unit deal due to getting a # from an owner 2 years ago - I talked to him yesterday and he shot me a price -seems fair - he told me he's 80 and has others - I'll be meeting with him in a month or two for coffee and see what happens. 

I'm moving out of state for work and really need the flexibility of being hands off without losing the opportunity to make changes. 

I hope to be able to apply what I learn here to building my own income-generating real estate portfolio and eventually creating passive income for myself so I can spend more time with my kiddo!

I guess it's more just of the fact of losing the current rate and going to a 7+ rate now.

My next question is that it hasn’t been paid down much but just to give you a quick breakdown the house has increased $80K over the last two years and was hoping to tap into that to use to help fund my next deal.

They CAN NOT foreclose if you stop making payments,"=================================In a subject to, as in a wrap, there is no safety for the buyer either -- he can lose his title (and equity if the foreclosure sale doesn't generate enough money) when the seller's lender forecloses, and he will be a party to the foreclosure as an interested party.Don't get me started on the appropriateness of subject to and wraps for those nearing retirement and the use of their 401(k), IRA, or pension accounts -- even if they are qualified or accredited investors.

I found this article by BP on calculating ARV, I hope it helps!

Hey @J Scott hope all is well, I just came by this thread and just bought your book on amazon and saw that bigger pockets actually offers estimation templates, sample contractor agreements and 8 other documents..

Will hopefully return early 2023, maybe we can link. 

Hope this helps.