Neighborhoods like Lawrenceville, East Liberty, and Squirrel Hill offer a mix of historical charm and modern growth.

We'd like to purchase another property but are not sure how to capture some of the equity we have in the current property to start making offers.

In that situation, would you just try to find someone trustworthy enough to give you a referral fee say, instead of a formal contract assignment and have them just write up the offer so you aren't tied to it?

The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I should address within my listing (we've already adjusted the price). 

day 1 MLS listing, offered less 1 week closing, they took it.

Lower interest rates would certainly make projects more attractive.It'll be interesting to see how lenders balance the need for risk mitigation with the opportunity to capture a larger market share by offering competitive rates

Just keep in mind that you'll want to consult with a real estate attorney or a tax professional to ensure you're making the right move for your situation.To better understand your specific case, can you tell me which state you're in?

Once you have the lending figured you can get the contract and then get the specific financials form the owner. 

While the overall real estate market fluctuates, pinpointing specific trends within the land investment sector is vital.

Hi Daria,Assuming you did a 1031 exchange, the flooring, as well as the rest of the property is depreciated normally (a little nuance, talk with a CPA for specifics).