Be clear on terms—percentage of equity, profit-sharing, and exit strategy.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

Creative Financing" can mean a lot of different things depending on who you're talking with. 

Not sure if it was mentioned here already, but another creative alternative is to purchase a SFH that has a casita. 

I have several hands on tasks that would require more than a virtual. 

Purchase price: $172,000 Cash invested: $43,000 We purchased this rehabbed home and added a privacy fence, removed overhanging trees, finished the countertops, built a firepit, security system, camera's, fixed the sidewalk and turned it into an airbnb.

Hey Jeff without knowing any details everything is what you are able negotiate. but you have to take in account the years interest rate and purchase price and what kind of cash flow.I will say get a mentor if you’re inexperienced these kind of deals can go left if you really have little knowledge when it comes to structure .

Owner goes behind our back and contacts a competitor - but they call us as we're on good terms with them.

Purchase price: $264,000 Cash invested: $120,000 Sale price: $640,000 Duplex caught on Fire.

Do all your due diligence upfront (see if you can get an inspection done before submitting an offer)On the lending side a DSCR loan is an option.