Dan Wilson It all depends on your cash buyer, and their exit strategy.

Hello everyone,

First time poster. I have been involved in apartment rentals for over 10 years. 3 quads at present and with a full-time job and family the buildings are taking too much personal time.

Have considered...

I'm an Investor in San Diego County specializing in buying Short Sales.Our main exit strategy is buy, fix & flip but working my way up to buy & holds.Feel free to contact me or reach out as I'm here to network with like minded individuals.

If that is the case then what other options does one have to exit out of this type of loan?

What is you exit plan??

Nevertheless I calculated two ARVs in advance of the purchase, a year-2 stabilized ARV, and a 5-year exit ARV.

Is this home have a quick exit strategy or hold for long term rental.

I know some that have doubled their money and others that have gone absolutely bankrupt and lost a ton of money exiting at the wrong time.Do not tell yourself prices are low and throw numbers to the wind.

YES to having exit and more exit plansYES getting the permits and professional ppl to work on your projectYES to figuring out ways to make your unit sell (created parking and added laundry)LEARNT to be a landlord very quickly.IT WAS HELL but I did it and it didn't scare me off.7.

Does my exit letter (unable to get financing) have to come from the same place or are there websites that will issue these also.