Question:“How is this strategy recession or crash proof? (For us especially! [Investors doing other strategies]).
More specifically: If the purchase price is $200k and 6 months later worth $150k, how do we get that to work? (I get that we’re out of it by then, and I can see that showing up.) Sign a new contract or amend existing? Or does the deal fall apart in 18 months at the end of the lease term?”
Excellent question! And one very close to our heart because THIS strategy is what saved us from biting the dust completely when our portfolio of 30+ homes lost half its value seeming overnight during the 2007/2008 crash….all funded by short-term hard money and/or private money.