We had the opportunity 5 years ago to purchase from a client. 

I’ve worked with clients exploring similar opportunities, and here’s a bit of guidance based on what I’ve seen succeed.1.

All of my landlord clients I train to self-manage.

I have a client that is looking to buy an island in Belize for a resort going to check that out myself. 

@Namal Burman, your post caught my eye because I had a former client-now a good friend-who found herself in a similar situation.

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

Most of my clients:1) Put 20% down for a conventional investment loan.2) Put 10% down for a second home loan3) Something else, either hard money, DSCR, or portfolio loans.These are the most common ways. 

With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment.

Partner Driven and Traci Stephens recognized this as a low-risk deal with high potential for a rapid turnaround, making it a perfect addition to our portfolio.

I used to use the method for years as a Florida Private Banker for wealthier clients that were susceptible to law suits and could relatively easily pay off the line.