Hi Guys - wanted to share a major accomplishment, today I had an offer accepted on my first multi-family! 

Regarding the BRRR strategy, that is the way I have scaled my portfolio but I also built a direct to seller business which allows me to make offers on property using the following guidelines.  

You aren't required to offer a loan mod prior to foreclosure.

I don’t know what’s going on of course, but I can offer the possibility that the seller tried to negotiate the bill down and the contractor realized he was being squeezed so he took action.  

Perhaps seek out and audit GPs and their private offerings and invest with them as an LP.

A Roth IRA Conversion lets you convert funds, pay taxes upfront, and withdraw contributions tax- and penalty-free after 5 years, offering a longer-term solution.This post does not create a CPA-Client relationship.

Instead, increasing umbrella insurance ($2M–$5M) might offer sufficient protection at a lower cost.

A 20+ unit building offers instant scale—more units under one roof means better cash flow per dollar invested and easier management (one property, one system).

It potentially offers legal protection.

They are asking $375K but not getting it - so not quite $20k underwater from asking but they're offers so far are around $350k and lower.