She's asking for a $300 reduction.

So a 2MM building gets you 1MM this year reduction.

If sellers dictated price floors, homes wouldn't sit, require price reductions, or expire (and we all know they do, right?)

I put together a one-page visual to help explain an approach some investors use:treating a HELOC (simple interest, daily balance) as a central operating account rather than parking cash in checking/savings.Conceptually:Rent flows into the adjoined checking account of a HELOCExpenses are paid from the same lineDaily balance math reduces interest automaticallySome pair this with targeted principal reduction on long-term 30 yr mortgagesFrom a lender’s seat, I’m not advocating this as an end all be all strategy — just trying to understand how investors are thinking about it operationally.For those who’ve used something similar:Where does this add real value?

Hey Chicago investors -I have a specific question regarding the Cook County AHSAP (Affordable Housing Special Assessment Program).I am under contract on a building in Phoenix, IL, that just received its formal AHSAP approval letter (25% AV reduction) from the Assessor.

Right now, I’m prioritizing credit improvement, debt reduction, saving, and understanding financing, underwriting, and realistic cash-flow numbers.I’ve been learning through podcasts, books, and forums, and I’m here to learn from people with real experience, ask smart questions, and build genuine connections.If anyone has advice they wish they had followed before their first property/house-hack, especially in the NJ/NYC area — I’d love to hear it.

Are there a lot of price reductions.9 - I generally try to avoid blue states.

This means all excess cash flow is being taken by the bank, resulting in zero distributions to investors for 2+ years.Tenant Risk: Major tenants have either consolidated or vacated, leaving roughly 34,000 SF of vacancy.Investor Experience:Communication has been provided through quarterly reports, but the financial reality of the "buy and hold" strategy has shifted significantly toward capital preservation and debt reduction rather than growth.

Even some rate reductions for certain parts of the market.

I've been casually looking for a bigger house for the family, then I saw our dream home suddenly have a 100k reduction by the sellers, so I shot from the hip and our offer was accepted 48hours later.