Other empty drugstores are becoming plasma collection centers, thrift stores, and car washes.While repurposing drugstores can be challenging, especially when dealing with building design and community concerns, their prime locations make them ideal for creative reuse.

Purchase price: $500,000 Cash invested: $70,000 Sale price: $725,000 Creative financing purchase, fix/flip with retail sale.

Keep pushing, stay creative with that financing, and you’ll be hitting those 2030 goals in no time!

Then you can get more creative if you want.Now, within house-hacking, there are variables to consider.

I know CA has a lot of rules/laws but in FL to start out I would incorporate, get EIN, get banks set up and then you are in business.  

and "how do I architect creative financing to make the speed and efficiency of my money work smarter?"

I'm new to BP and trying to build a team as I dive into more frequent and long-term profitable REI.I've been doing SFH rentals over the last 15-18 years, but it's all been very traditionally financed (ho hum, 30 yr fixed) and as such has limited my ability to invest more frequently, and grow a portfolio.I'm here to learn how to use more creative financing strategies (private money lending, Sub-to, seller financing) to acquire 2-3 units (duplexes, tri) and 5+ multifamily properties. 

We are curious to hear what creative ways more seasoned investors than us would do as a first move looking back on some of your first deals?

I've seen some posts about quitclaim deeding the property to my LLC, but was wondering if there were other creative ways to shed personal liability? 

What you will be required to do is register as a foreign entity in the state the property is in if it’s not the home state.I recommend speaking with an attorney and your cpa on if a LLC is even required and the state(s) to incorporate it in.