Last year when Amazon built a 1 million square foot center here home prices went up a lot.I am hoping this corrects the recent downturn, this means there will be quite a few management people from that center looking for nice homes in the area to buy.There has also been talks of another 1.5 million square foot facility being built soon but they always keep the identity of the place secret until they are ready to break ground.

As such, and as I mentioned above, I would not willingly start discounting the loan in a sale unless they had some delinquency or flat out defaulted.Last and final idea, don't make a loan you would not feel comfortable holding until maturity.  

Come Q3 this year, I will have 300k plus cash from various options that will mature.  

Here are a few details on the property we have under contract:Brick duplex with identical 2/1 units36k purchase price (most recent tax assessment was 65k).

Checks the sellers proof of Identity.

 @Rashad Carrizales: Rashad,While a lender most likely will not require you to submit a full business plan, they will definitely want to know your exit strategy for paying them off when their potential loan matures.

Blackstone (Invitation Homes) has an identical home size wise further in-land asking $2400, with security only, and the for rent sign has been out for four months.

Prices paid for notes fell by 50% reflecting the desired yield to maturity in the high interest rate environment.  

JT is home to artists, musicians, and the people there are very protective of their town and its identity.

You can provide me identical income, expense, and cap rate numbers for a property and after diving into the numbers I could come up with totally different prices I'd be willing to pay.