Hey Garrett, This is definitely a creative deal structure, but there are a few things to consider before moving forward: 1.

Has anyone been in a similar situation or used some creative ways to unlock the trapped equity?

Are you familiar with Creative Financing such as Subject To (SubTo), SubTail, WRAPS, Short Term Lending, and Bridge loans? 

Hi everyone!
My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father. Over the past 10 years, he and his late wife poured their hearts into building this home (with permits, of co...

If you pick a solid property in a good area with good schools, it'll appreciate - it'll be negative cash flow as a long term rental (unless you have some creative strategy or do STR/MTR) and you're less likely to have repair, tenant issues, crime etc.

Looking for a plumber with creative solutions.  

But honestly, I don't find the answers here that creative yet, I hope something more emerges.

Creative financing: Explore seller financing or subject-to deals for your next property, which often require less upfront cash and bypass traditional lending limits.You’re on the right track thinking long-term—house hacking and leveraging your duplex are great moves.

I also managed to creatively acquire two apartment buildings with $0 down about 4 months ago, one of which currently has a water main Leak under the slab and two of the residents have been without water for over a week, but that's another story for another time... 

Seller Financing & Creative Structuring✅ Seller Carryback: Many hospitality properties struggle to sell, making sellers more open to carrying part of the purchase price.