It had been sitting on the market for a long time and the sellers were willing to drop the price significantly.

All real estate in Miami that you now own outright and manage?

In the ever-evolving world of real estate, I’m here to transform the ordinary into the extraordinary.

I would rather be part of the GP.Broker-Dealers don't touch deals as small as the ones done by most real estate investors at this level.

We had 3 exit strategies, and ultimately went with the safest and least amount of time invested.

Hey MIguel-I really appreciate you taking the time to respond. 

I've told my wife I'd rather cut the losses at this point since now we have to refinance again, pay about $10k-$12k of closing costs, find a new general contractor who can work with us in a timely manner, and still the run the risk that anything can further go wrong.

Hello Everyone, My name is Mike Travis and I am a full time Director of Sales for a niche area of real estate, where I provide guidance and negotiate sales of cell tower leases for building owners, landlords, commercial real estate brokers, etc.

I know that everyone's time is valuable so I would love to take you out for a cup of coffee if you are local to Boston or maybe help you with something else like technology, RE and etc.Thank you in advance 

Hey @Brian ScottMost people CANNOT get a 2nd FHA mortgage so if you want to use FHA financing in the future, you likely will have to payoff your current mortgage.15 year mortgage is not recommended for real estate investors.