The property needs a lot of capital improvements and can be purchased at a deep discount due to seller COVID panicking.

*You INSURE your PRINCIPAL at a discount.

Just use one of the webinar codes and try and get the discount and a bunch of free stuff!!

“Lenders will likely give the borrower every opportunity to get to the performance level before this unprecedented event,” he said.Jim Pierson, managing director of Walker & Dunlop in Phoenix said he would hope lenders are willing to extend these loans, and other options could include deferred payment or discounts that were available in the last cycle.

Witch is $32,650x-5% vacancy = $31,01727 Unit Apartment7x1150=8050, 20x1250=25000, 8050+25000= $33,050 (average) Some rentals are offered at a discount to attract new tenants and then raised per year. 

There are also ways to partner in your IRAs, ESAs, HsaS, 401ks, SEPs, SIMPLEs , etc.There is jumpstarting your Ira with a wholesale deal, a “subject to”, or owner financing, Have you considered buying discounted notes? 

Just a straight offer?

As a broker, I know the contamination will significantly reduce the value of homes in the neighborhood (zero), and I imagine the company will eventually buy the homes actually contaminated...but if I could purchase the property in question at a large discount and rent (w/proper disclosures) at even half the average rental of the neighborhood ($950-$1100)...  

$2,500 for any size line of credit + $2,500 legal fee A. 2.25 points per loan origination2. 0.5% of the line of credit size + $2,500 legal fee A. 1.75 points per loan originationWith the line of credit, you receive steep discounts on origination fees, draw and processing fees.

If he waits one month and cleans up the property he'll get far more than selling it now for a huge discount.