Working with a close friend who is our broker and my wife (who recently acquired her real estate license).I'm paying $2200 mortgage, if I could I would rent out, I want to be certain I can make a profit as I most certainly can't afford two mortgages.

Two examples include R2 companies' acquisition of 150 N Michigan Avenue in Chicago for $90/SF and In-Rel Properties' purchase of 7500 Old Georgetown Road outside of Washington, D.C., for $92/SF.Such steep discounts can be necessary as negative absorption and declining rent growth make it difficult to underwrite office today.

So, I got 9 new investors into their first ever loan last year and the two caveats I have are credit and capital. 

I have found a two-unit townhouse off market in dire need of help.

I'm concerned about the fact that there are two divorced people on the mortgage. 

I had a flipper that wanted to buy all the vacants one or two at a time.

Early in 2024, Blackstone was also able to sell the Arizona Biltmore to a UK-based fund for over $1 million/key.These deals signify that, for motivated buyers, financing costs are not as important a consideration as the location or a strategic rationale to own a property in a preferred market.Borrowers of two high-profile portfolios decided to stop supporting their loans, so industry participants are assessing the likelihood of these properties trading.

But if you wait an entire year to find the "best deal," you're behind the guy with two good properties.Good luck! 

Plus the $6,000 in negative cash flow, so a $10,000 loss.Sale after two years at 5% appreciation per year is a $441,000 sale price. 6% agent fee is $26,460.

I think of Joe Asamoah with the Section 8 strategy deployed in Washington DC and keeping tenants for many years (even decades), but maximum reimbursement appears to be $3,740 for 4 bedrooms and market rate family tenants will likely turnover every year or two as they would likely be looking to own in the area.I think rent by the room (students or university professionals) would be the best way to cash flow the property while paying off the mortgage.