If I see a listing come up that I want access to ASAP, their value is earned by getting me in and drafting the contract as fast as possible.

Seller financing, private money, and subject-to deals can open up opportunities that others might pass on.🔹 Maximizing Value – A distressed property isn’t just about fixing what’s broken; it’s about repositioning it for the best possible return.

The 1099 will reflect the amount of money that you sent to the owner.

What may seem like a benefit (NO MONEY DOWN) is actually a curse!!  

An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.

Covering the mortgage isn’t an issue, but I’m considering factors like: Multi-Family: House hacking would help offset costs right away, but I’d likely need to put money into renovations upfront.Single-Family: Easier move-in with no immediate renovations needed, plus potentially lower tenant turnover once I rent it out For those who have been in a similar situation, what did you choose and why?

If we wanted to sell we could get our money back.

They are very persistent in raising money for their other funds once you’ve invested in one…which makes me further suspicious.   

I financed the acquisition of the land with personal and private money.

If I were the neighbor, it sounds like I'd be the only one bringing money to the table so you could get something you want.