@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

You have to know the market before you build a plan and I don't think this market supports your intended plan.

This is more common in today's market and often allows the seller to get a higher sale price than if you were to go through a bank/SBA loan.

I see off market properties weekly, talk to investors both new and seasoned daily and I am actively buying myself.

Think about your market and what people are willing to pay a premium for.

Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You need income to qualify for loans, you can learn how to manage rentals well (something most landlords never do), you will figure out which communities/properties make the best investments, can earn an above-average paycheck, and may even find some investment properties before they hit the market.

I’ve looked into blanket loans before, but I’m curious about how they’re shaping up in today’s market.

Highly recommend partnering with a local realtor who knows the market.