. 🤔 Dauntae, continue saving money and reducing expenses.

As an investor, that is simply the amount you can provide in order to get the desired return on your time and energy. 

If you purchase in one of these areas, I think you will see some nice potential appreciation, while paying down your equity (try to house hack if you can and really reduce those monthly expenses) and then turn it into a long term rental.  

In order for them to sell you would either have to be paid in full or your would have to accept a reduced principal amount in the terms of a short sale.Did you invest as an equity investor in the company?

Rents are generally the biggest and easiest as it is always easier to bring in an additional dollar of revenue than it is to reduce a dollar of expenses - both impact net operating income which equates to an increase in value.

Ive seen negotiations where the selling price is reduced 50K, the seller agrees to 1.5% closing costs in addition to 50/50 escrow & Title.   

Reduce debt, increase income, then try again later.

Once you have done multiple deals over shorter periods discussing reduced rates makes sense. 

📉🏘IMO, Those who buy right, at reduced rates, aren’t over leveraged, & own higher cash flowing properties will be fine, but may have to lower rents or deal with more turnover, if it gets bad.

(Now that my partner took over the management, it's blissfully passive for me.)I have only one full time pursuit and I focus all my energy on building that business.