@Frank Mongiello is a great resource for a real estate agent in Central Florida and South Florida.

To reevaluate, my team and I can provide further insights and resources if you're interested in implementing a creative investment strategy.

It’s a great way to add value to a property without putting a ton of money upfront, and it can set you up for financial success in the long run.Has anyone else done a similar renovation project or used a gift of equity in their deals?

If that is the path moving forward we will be left without a home as of 9/21/24 which will create incredible financial, mental, and physical stress on our part.

They will be an incredible resource for your first house hack and beyond in Phoenix and Maricopa County, AZ.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

If you can't find a resource, you may need to work a few like-kind sales backwards using the gross income or NOI (if given).At that point, you have what you need to determine the market value using the value formula of Value = NOI/Cap Rate.

Besides the financial liability, I would not want the mental trauma and anxiety of knowing a kid had died in my pool. 

What has your CPA / Financial advisor recommended?