to be fair and balance like Fox news.. my client negotiated to leave 1k with them and extend the close until probate is done and get refunded 6500.00 so assuming they actually send him a check ..

The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor!

If you want to leave your IRA intact and avoid penalties or taxes, consider other options such as:HELOC (Home Equity Line of Credit): If you own property with sufficient equity, a HELOC can provide funds for a down payment without tapping into your IRA.Personal Loan: Depending on your credit, a personal loan may be an alternative.Seller Financing or Private Lending: Look into creative financing options for real estate investors, such as seller financing or private lenders, which can help with down payments without needing to use your IRA.

Your tenants - are they clean, did they leave the place in great shape?

Seller would only need additional $41,000 leaving space of $54,000 between my offer price and what seller gets.

Has anyone had any issues leaving their place unoccupied for one or two days after guest check out until the cleaners got there?

Which leaves me passive.

Once you get multiple under your belt, it becomes a lot easier to do this type of creative financing.Just keep in mind, private money loans can come with higher interest rates, so you’ll want to ensure the margins on your flip are high enough to cover those costs while still leaving room for profit.If you’ve got any more questions, feel free to reach out—happy to help where I can!

One of the main challenges is that I can only afford to put 5% down, which would leave me tied to this property’s expenses for the foreseeable future, making it harder to pursue other investments.All of this said, I’m really struggling to stay positive about investing right now.

It should leave me with about $250K, I have to 1031 exchange somewhere.