Landlords like the guy in the story and many mom & pop landlords will exit the business.

Use Rehab calculator under tools on bigger pockets.Resulting output is great for investor discussions.Also prepare details on the area (niche.com is helpful), comps, days on market so the investor has confidence in your exit strategy and figures they have a good chance of getting there money and profit.Also, prepare a note backing their loan with the property so they have more downside protection.

Finally, people should have multiple exit strategies for their investments should things not go according to their plan.

You don't to RTO with bank finance exit.

Investment Info:
Single-family residence buy & hold investment in Lacey.

Purchase price: $46,000

Cash invested: $16,000

I could have bought this place subject to, but I decided to close with a ...

@Dale Graham, given the impact of Covid and adjustments being made to learning, you should plan on different exit strategies and don't bank on student housing being an immediate ssolution.

The good news here is that exit strategies in our market are a-plenty: just cleaning a property out and making it flip-ready will gain you some instant equity.Of course a turnkey is more reliable, but slower going.

Which commercial lenders provide the best loan in term of fees/rates on exiting rental properties.Thank you!

Multi family exited him and he owned a bunch of multi family.

Be smart, have an exit , if things get CRAZY!!!!