-Consider hiring an experienced local real estate agent.Accurate Pricing:-Set a competitive and realistic asking price based on recent comparable sales found on the MLS.

Currently we are seeing STR owners posting for sale due to reduction in prices they can get per night and the vacancy rate increasing.

There are flip situations where the sale happens in the following year: Purchase November 2023.

Meaning that even with cap rate expansion set to 0%, the sale price is lower than the going in purchase price. resulting in negative/low yields.Am I missing something here?

Hello everyone!I need some opinions. My neighbor is selling their house (estimated $180,000 - probably higher when it hits the market). The house is up to date and does NOT need any work done. I'm interested in owning...

All these companies can do is present a product and give the financials at that time..

I am in the process on closing on a short sale.

That is why you are seeing more of this topic and more going to sale.

Purchase price: $142,000 Cash invested: $37,000 Sale price: $237,000 This was an off-market property that was brought to me by a contractor who has done quite a bit of work for me.

@Lou BarPicture thousands of lenders all selling the same product with the same base guidelines.