Do you know what the recovery has been for A&P market declines?  

While all I really care about is cash flow its nice to know I can sell one if I need cash. 10 years with no recovery of the original sales price is scary.I understand the last crash will probably not be a normal occurrence, but 1,000's of people in Miami were way over leveraged and lost everything.

Check the recovery (or breakeven) period on the refi.

At 840K units of active inventory, we’re basically back to June 2020 levels, but still 30% below June 2019 and June 2018 levels.Active Inventory (Realtor.com)June 2024: 840KJune 2023: 614KJune 2022: 574KJune 2021: 492KJune 2020: 871KJune 2019: 1.2 MillionJune 2018: 1.2 MillionHowever, as I’ve written about in previous issues of Talking Points, most of the inventory recovery has come from a few states — chiefly Florida and Texas.

May be eligible for 100% bonus depreciation if the recovery period is less than 20 years.

To me it makes sense, hardest hit means more room for recovery.

We went to the Tittle Insurance Company, who paid the bill then sued the former owner for recovery using their own attorney and paying ttheir own attorney. 

It is a GREAT place for either flips or BRRRR right now, especially if you focus in MO.Great growth from athletics and infrastructure advancements (solid public transit) that with the World Cup coming and a few other things in the near future, highly recommend it before it gets too expensive.Happy to talk through it if you are interested.Good luck!

@Gilbert Ross Jr Joint Ventures work well in the note business particularly with qualified money (IRA's, 401k's) You may also want to check out Marc Gold with American Home Recovery Fund, their group offers note financing.

At any rate, I rode the property down to the bottom of the market and to a very minor recovery.