We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.

The hard money 10% plus additional thousands in closing costs was too much to swallow. 

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

They will have additional costs for mailing & online campaigns to get leads.

Purchasing the LLC gives you ownership of the property, but it also opens you up to additional legal exposure since the entity has been active, and there is no way to really know for sure what else they used the LLC for.

Does anyone know of a calculator where I can plug in the additional yearly pay down along with the appreciation rate of my area? 

Tribes might even provide additional incentives, like grants or infrastructure funding, to encourage investment.

I should add it will be a short term rental property. 

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.