You’ve just decreased your purchase price by the difference between the principal of the seller financed note and the “discounted” price you paid for the substitute note.

The same can be said for the other boroughs and surrounding suburbs.It is still totally realistic to get started but it seems to get more challenging each year due to flattening or decreasing inventory (leading to higher prices).Uptown is the best option for househacking in Manhattan.

You could possibly decrease your 401k savings (which would increase your taxable income), and shift this savings over to your brokerage account. 

Lease options, when done right, tend to decrease risk and increase profits.  

And others that have been going bankrupt like Starcity were more because of COVID and ending in cashflow problems because of the decreased occupancies. 

It would depend on your market but what I have seen is new construction was going up every phase but now has leveled off or decreased.  

They are more volatile:  They increase in value percentage wise more than other classes in boom times, and decrease in value more in difficult times than other classes.I have owned four condos, two residential and two commercial, for more than 30 years and have no regrets.

One option is to offer a temporary rent reduction rather than a permanent $300 decrease. 

Problem is there’s “creative” financing that DECREASES profitability (ROI) as well as creative financing that increases ROI.Many (most) creative financing deals consist of seller carryback financing.  

In my underwriting, I am not depicting any benefit from a rate decrease any time soon.as for waiting, I gave been forecasting flattish appreciation.