My ultimate goal is to acquire enough real estate to achieve financial freedom, allowing me to travel, provide a comfortable life for my family, and teach my children about discipline, financial literacy, and the wealth-building potential of real estate.I’m here to learn, share, and connect with others who share this passion.

Hey @Jay Fayz you for sure have the right idea, and if ultimately flipping and wholesaling is what you want to do, then that's a great path. 

Ultimately, I know we have to pay.

Sounds like I can safely write them off only after I purchase the rental and start the renovations to ultimately rent it out.

But from what I have seen it has a lot of useful accounting tools that should make my life significantly easier, and ultimately that's what my intent is.

I think the ultimate situation for what I described above (not the plan, but a possible outcome) could look like this:Rent main house by the rooms while constructing ADU.

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

I would highly recommend finding a lender that does 10% of purchase price down because it will ultimately be less expensive for you.

I have personally seen that scenario take place and what ultimately happened was that the company just came back to the debtor and said, "You have to come up with $XXX,XXX for us to be able to qualify you for help.  

What your deal would ultimately entail is a buyer who trusts you enough to give you $125k and trust you to pay it back while his property is encumbered by both your seller finance note and your original mortgage for $125k.