This business is about helping people.

I recommend this strategy for people that are done with all of the headaches of real estate and are in wealth preservation mode.

We helped the seller through the process and the courts gave them permission to sell to us at the end of January 2025.

Quote from @Kyle Vogeler: Here is the general pattern I follow: - Purchase a property with as little money down- Renovate & Stabilize the Asset- Refinance or sell the stabilized assets- Use the cash from sale/refinance to purchase bigger propertiesI've managed to do this with a few of my smaller properties.

I’m curious because I’ve been seeing more people quietly moving notes recently.

That's a trap many people fall into.

If you're looking to purchase a larger investment property, like you said, you could always add another investment property in your exchange and do what we call a consolidation exchange, where you sell multiple investment properties and purchase a larger investment property while deferring the tax and depreciation.

I won't comment on whether it makes sense to sell this property. 

Therefore; if you're selling the land before any of that is done, realize you need to price it accordingly, at wholesale price, because the numbers have to make sense for developers.

It is what it is, other people don't manage or treat the properties like the actual owner.