Should we wait 12-24 months and see if we can refi to get our payments down (we think we would need a 4 or 5% rate to be viable)?

Bumping an old thread, as I'm seeing Arbor shopping underperforming notes, trying to find a sucker to come in and rehabilitate a failed syndicator property with large vacancy and deferred maintenance.

For example, they offer a very competitive $60 flat fee and a $500 maintenance spend limit.

You’re in a powerful spot, as managing assets daily gives you real-world data most new investors never see. 

I’m seeing this a lot lately and wanted to get some real-world opinions.When a flip doesn’t go as planned, longer DOM, thinner margins, higher holding costs, a lot of investors decide to keep the property as a rental instead of selling at a loss.

I don’t see as much talk about the multi family syndication stuff anymore.

Either way, it’s up to you to see that upside.As an agent, when I represent my clients and we’re purchasing properties with tenants in place, we of course do a full walkthrough to make sure the condition is solid.

I'm seeing a lot of tire kickers these days -- people willing to chat but not willing to move at your timeline or take your offer seriously.What's working best for me is pre-qualification before the first conversation even happens.

Miss.THEN after three weeks of "Why don't you see the pictures and comps again" and "What, this makes no sense" exchanges, all while having to get accepted offers extended, both of the properties ended up needing "too much work".Here's one https://tinyurl.com/2dafeetk. $120k contract price, $60k rehab.

Homa keeps their fee of $1,995 and credits back the difference to you (the buyer)I see how they are blending human support with Ai for efficiency.