Hey Lucas, You could finance your first BRRRR and it may be a smarter strategy than deploying all of your liquid reserves into one property for the next 3-12 months (Depending on the loan for the refi). 

although off line I have had others tell me that the notes he was pitching were very high risk low quality and he was just liquidating his positions and those that end up with the paper had poor investments.. ??

The liquidity event helped, as have recent MicroSaaS and other projects that bring in some butter and egg money. 

What these 2 numbers then tell me is, if a seller finds the the price the market believes a property is worth, it will likely sell, because it is a very liquid market.

To avoid trapping capital in your current deals and maintain your returns while positioning for future growth, there are several strategies to consider.First, flexible financing options can provide liquidity.

So it looks like an investor would need to be about 70k liquid to see this deal out through the end. 

Also another reason people can need to pivot from utilizing conventional loans is their DTI gets capped or they are self employed and thus despite having ample liquidity to conduct the transaction they’d trying to do, can’t document income to the lender’s standards.  

But liquid to ride any waves or take advantage of any buying or development opportunities.e.

I have done wholesaling in the past (not in RE, but in reverse supply chain liquidation), and had to deal with a lot of unethical and dishonest sellers.

There is the those that have to sell and yes they are probably selling it distressed or a forced sale- but as you mention if you look at this listhttps://www.nmhc.org/research-insight/the-nmhc-50/top-50-lists/2023-top-owners-list/These companies may have some strategic liquidations but they can ride this thing out.It’s the syndicators who promised people cash and took at short term debt because they played the lottery thinking they could flip a multifamily building thinking prices always go up and cannot now handle the debt burden.