They currently have a conventional mortgage at about $800 a month (3.25%).

I am currently in this situation what is the best solution?

,I’m currently in the process of buying a house in Kansas City, MO, and I need your help.

Property is currently under contract with a wholesaler for $185,000.

Currently just have an agent I found through BP and a lender in that area that I've been bouncing most of my questions off of.

As we reflect on the challenges faced during the financial crises of 2007-2012 and draw parallels to the current market conditions of 2024, one concept stands out: the “Missing Middle.”The term “Missing Middle” refers to the scarcity of housing options between single-family homes and large-scale apartment complexes.

I’m fine with this, for now, as a long-term investor.I don’t believe our current situation would enable us to qualify as Real Estate Professionals, which would result in massive deductions.

Speaking of networking, I'm currently looking for an attorney & CPA to help with a proper corporate structure for my current situation and plans.

I currently own a property in Kansas City, Missouri.

Yes you can sell it, you will need to record the land contract with the county to show your equitable interest and make sure in the land contract it gives the ability to sell the property for more than the loan amount and the current owner will oblige to execute the documents as part of receiving the money.