Happy to connect and offer assistance where I can!

Hi Christopher,Two additional properties with existing VA and FHA loans sound like a great opportunity, but there are several factors to consider.

That additional detail helps.So, assuming those more recent sales are considered to be in the same or similar "market area" and have similar locational appeal, than it would make sense that those would be more representative of the current Subject value, then the Dec 2023 sale.

Option 2: Purchase additional properties and build portfolio I know that there are some tax implications to no having the mortgage payment to consider.

So depending on how good the numbers are and if seller accepts my clients aggressive offers play heavily into the strategy.

If it is being sold as-is and they are only entertaining cash offers, it could be because the house is not habitable in which case a bank won't touch it with a mortgage. 

When you go above 4 units you get into a different loan program that offers less leverage, has stricter guidelines, higher rates.I'd stay right in the lane you are in. 

Long term aspirations for the lot is to use SB9 to split and add 1-2 additional units.Learned a ton through this process - such as negotiation, deal underwriting, renovation estimates, contractor management, etc.

Does your market offer Duplex/Triplex/Fourplex housing?

July 26th I got a text from the tenant from a new number with another sob story wanting to stay, but still not offering a July rent payment.