All Forum Posts by: Robert Tolnai

 Great options Mike, we have offered the seller carry option but have not had anyone who can bring in more than 5% down.  It's a perfect location for Airbnb, which is what we wanted to do but because all money is locked up in these two homes we decided to just sell.  Would be open to maybe partner up with someone to do the Airbnb if can get most of our investment back somehow and share the profits and expenses of the Airbnb going forward. 

We already rented one out but our money will remain locked in it..... 

Still trying to sell the other as we have hard money payments and has fallen out of escrow twice already

We bought 2 flips just before the market shifted and put all our savings into them, as one was a super easy quick flip but we literally listed it as the market stopped for us here in Phoenix.  Of course I can sell both but at a loss not willing to take, they both have more than 20% equity right now but we know that's going down every month as our prices are declining at about 1.6% per month since May...  How can I get at least half of our money back out without having to sell at a deep discount and taking too big of a loss? 

Thank you 

Looking to purchase over 200 units in Arizona, more specifically in the Phoenix Metro and surrounding areas. 

Let me know if you have anything :) 

Thank you.