Thinking ahead and planning with a CPA is key and can help you strategize, save, avoid surprises, and even reinvest if you want!

FHA usually gives you up to 60 days after closing to move in, which gives you a little wiggle room if the tenant’s already on their way out.You’re doing this the right way — thinking ahead, staying fair to everyone involved, and not letting emotions or pressure from the seller rush you.

With the current market, you might get further ahead selling it and putting the proceeds in a high interest savings account.

It's one thing to charge ahead, another one to stay intact while charging.  

If you spend the next 60 days learning how wholesaling works, understanding off-market systems, or connecting with local investors — you’ll start 2026 ahead of the curve.

More than any other business, deciding to invest in a real estate syndication is a declaration of faith in the deal sponsor.In many ways, that faith far outweighs the faith owners of Tesla shares must have in Elon Musk.And Musk is a one in a generation entrepreneurial genius inventor.Like many seasoned real estate investors,I decided long ago that wealth-building was a life-long game of patience and perseverance.On both counts,a real estate syndication fails the test.Most syndicated deals have a hold period of 3-7 years after which the exit strategy involves selling.The few that attempt to hold on to the asset via a refinance run into uncooperative investors who demand their seed capital back for various reasons,often resulting into a compromise to either buy them out or risk a legal battle.The facts of the matter are very basic:if it's not your deal,you don't make the big calls.Conversely,if it's not your money,you don't get to decide it's final destination.Now there's a good reason I never got into the flipping niche either.I'm not a transactional guy.It always felt like slaughtering the hen that lays my eggs,and I love my eggs to bits every time they are laid.It's why I keep going back to the hen.In the end,we don't need 1000 units to achieve financial freedom,we just need a handful of well acquired cash flowing assets to arrive at that place of peace.With some patience and due diligence,most people can get there without sleeping with 75 strangers every 3 years only to end up with no portfolio and a bagful of inflation susceptible cash with little to no tax advantages.That's where we did not want to be in the first place.If you do succumb to the temptation and end up being one of the few deal sponsors that actually look the part and take care of investors' money like it's yours,do make sure you haven't "quit" one job that you hate just to work in another that is even more soul-crushing.Managing multiple syndicated deals as a good deal sponsor can be big business,and big businesses can very easily turn into time-devouring leeches.Covid has shown us all we are nowhere near capable of seeing 3 months ahead,let alone 3 or 7 years.An asset is only really worth what the next buyer is willing to pay for it,no matter how much "forced appreciation" we have projected to investors in a rent drop environment.When balloon payments come due,thou shall sell or refinance,and good luck refinancing if the LTV is suddenly inverted.When the pieces suddenly don't fit the puzzle in front of us,the sinking feeling in the bottom of the stomach can be incredibly gut wrenching.Be careful.A voice in the wilderness,Jacksonville FL.

I thought we could go ahead and opt into this.

(For those who’ve got projects on deck but need fast funding options to stay ahead of costs — happy to share what’s been working for other investors lately.)

It’s awesome that you’re starting your real estate journey this early—most people spend years thinking about it before they ever take action, so the fact that you’re here and ready to learn already puts you ahead.

We currently live in Cape Coral, FL, but we are still considering whether our first investment should be in Florida or out of state.Hey Raul, welcome to BiggerPockets and congrats to you and Lilly for getting ahead of the game and preparing early—educating yourselves before jumping in is one of the best things you can do.